New Delhi, February 01, 2025.
The Union Budget 2025-26 announcements will help in boosting business of companies in banking, IT, manufacturing, retail, pharmaceuticals, finance, artificial intelligence, EV, automobile sectors. Check how corporates have reacted on Budget 2025 announcements.
Budget provides strong template for generating jobs: Sanjiv Puri
CII President, Sanjiv Puri said: “The Union Budget 2025-26 provides a strong and convincing template for boosting growth and generating jobs, the twin imperatives for our economy today, with targeted interventions towards facilitating inclusive development.”
“The Union Budget 2025 fuels India’s growth engines with a bold push for manufacturing, green mobility, and rural empowerment—driving innovation, job creation, and global leadership; Dr. Pawan Munjal, Executive Chairman, Hero MotoCorp
The Union Budget 2025 outlines a bold vision for Viksit Bharat, focused on eradication of poverty, quality education, affordable healthcare, and women’s empowerment. By prioritizing rural prosperity and establishing India as a global agricultural powerhouse, the budget fosters inclusive growth that reaches all corners of the nation. A bold push towards manufacturing excellence, supported by strategic investments in infrastructure, EV technology, and MSME growth, strengthens India’s industrial backbone. This people-centric vision strikes a perfect balance between fiscal discipline and sustainable economic growth.
The elimination of income tax for individuals earning up to ₹12 lakh will spur economic activity and unlock consumer potential, while simplified tax regulations foster ease of doing business. Meanwhile, green energy investments and EV policy support accelerate India’s shift to a clean, sustainable economy, positioning it as a leader in innovative mobility.
The automobile sector stands poised for a significant leap forward, with substantial investments in green energy and a clear policy framework to support energy storage solutions. These measures will accelerate India’s transition to a clean mobility future, reinforcing its commitment to sustainability and technological innovation.
In essence, this budget is a bold fusion of foresight, strategy, and ambition, perfectly aligned with Prime Minister Modi’s vision for a developed India by 2047—a nation leading in innovation, inclusive growth, and global influence. It’s not just a financial plan, but a transformative blueprint for national progress and the empowerment of every citizen.”
RPG Enterprises Chairman Harsh Goenka said: “Budget 2025 was nothing short of a financial ‘Maha Kumbh Mela’. It was a ‘sangam’ of immediate and long term priorities, a ‘dip’ in taxes, an honest attempt to cleanse the ‘paaps’ (complexities) built up over the years. FM Sitharaman has further solidified the hope of ‘moksha’ (Viksit Bharat) among the seekers (all of us).”
