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Budget Views News

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(01 Feb 2025, 15:35)

Budget is forward-looking and growth-centric, set to drive the transition to cleaner mobility

Shradha Suri Marwah, President, Automotive Component Manufacturers Association (ACMA)

The Union Budget 2025-26 is forward-looking and growth-centric, reinforcing the government’s commitment to strengthening India’s manufacturing sector and driving the transition to cleaner mobility solutions. The focus on MSMEs, innovation, exports and supply chain resilience will provide a strong impetus to the auto component industry. Further, the proposals for personal Income Tax will put more money in the hands of people thus fuelling consumption leading to economic growth.
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