Union Budget 2025 Reactions: This is how industry leaders reacted to Union Budget 2025

The Union Budget 2025 has introduced taxation alleviation measures aimed astatine boosting user spending power. Additionally, measures to enactment home manufacturing volition further enactment growth. The education, FMCG, retail, defence and semiconductor industries reacted positively to Budget announcements, hailing these moves arsenic a important measurement toward realising the imaginativeness of Atmanirbhar Bharat (self-reliant India).

Dr Sanjay Salunkhe, CMD, Jaro Education 

“The Union Budget has prioritised acquisition and upskilling, aimed astatine reducing the accomplishment spread successful the country. The authorities has made expanding higher acquisition seats a apical precedence successful this budget. It is encouraging that a caller centre of excellence for AI successful acquisition has been announced, and that IITs are expanding their capacity."

"Collaborations betwixt manufacture and academia indispensable beryllium the main absorption of India's skilling plan. The government's absorption connected industry-aligned skills volition beryllium indispensable to creating a workforce that is competitory and prepared for the future. Through partnerships with starring universities, these centres volition summation employability and beforehand India arsenic a planetary centre for education.”

Pramesh Goyal, Managing Director, Goyal Salt 

“The Centre’s determination to revise the taxation slabs is expected to stimulate mediate people spending, boosting disposable income and fuelling socio-economic growth. By promoting backstage consumption, the fund announcements volition enactment the maturation of the agrarian and municipality economies. The Budget creates important improvement prospects for the FMCG assemblage by laying a coagulated instauration for an system that is much driven by consumption.”

Shaju Thomas, Chairman & MD, Popees Baby Care Products Pvt. Ltd

"This Budget is each astir depletion theme. Government of India’s summation successful taxation exemption bounds to Rs 12 lakh would enactment much wealth successful the hands of radical and which should summation the gait of growth. More than 1 crore radical are benefiting from this bold measurement of Government of India which is overmuch awaited by mediate people of this country."

Rajendra K Chodankar, Chairman, RRP S4E Innovations Ltd 

"The 10 per cent summation successful the fund for Defence to Rs 6.81 lakh crore is so a large boost by the Government of India. The visionary thought process of the Government is good aligned connected acquiring caller defence systems successful the look of information challenges. Government’s greater absorption connected purchasing much weapons, subject hardware, aircrafts and warships and allocating lion stock of Rs. 1.8 lakh crore successful the full defence fund is precise encouraging for MSME and corporates."

Rajendra K Chodankar, Chairman and CEO, RRP Electronics Ltd 

"The Budget has projected a important summation successful allocation to MeitY by 48 per cent to Rs. 26,000 crore which includes subsidies for semiconductor also. The invited determination by the Government to beforehand compound semiconductors is besides precise heartening and volition so instrumentality India beyond horizons. We are precise assured that Government of India volition denote Semiconductor Mission 2.0, which volition boost the assemblage and enactment India connected World map. I americium precise assured that successful the changing dynamics of the World, Indian Semiconductor players similar america and the others are going to play a large relation and the unstinted enactment by Government of India and State of Maharashtra is precise pivotal successful the abbreviated to agelong run."

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