Shreya Mishra, Co-Founder, SolarSquare
Domestic solar cell manufacturing will be at the heart of India’s energy independence vision. The Finance Minister’s announcement to support cell manufacturing in this budget is a highly welcome step. Currently, India’s PM Suryaghar scheme mandates the use of solar panels made with domestically manufactured cells. While this has led to a surge in demand for solar panels, supply has struggled to keep pace.
Avneesh Sood, Director, Eros Group
“The Union Budget 2025 brings significant relief to the middle class, making homeownership more accessible and real estate investment more attractive. The ₹1 lakh crore Urban Challenge Fund will drive city growth, improving infrastructure and livability. First-time homebuyers will benefit from enhanced tax incentives and relaxed TDS thresholds on rent, reducing financial strain. Affordable housing initiatives, including the completion of 40,000 units under the SWAMIH Fund, will provide more options for aspiring homeowners. The rationalization of property tax provisions simplifies compliance, easing the burden on buyers. Additionally, streamlined REIT regulations will enhance investment opportunities, offering the middle class new avenues for wealth creation. With a focus on infrastructure, fiscal stability, and housing accessibility, the Budget strengthens consumer confidence and supports real estate as a key driver of economic growth. These measures will empower the middle class, ensuring long-term affordability and financial security in homeownership.”
Devyani Jaipuria, Pro vice chairperson, DPS Gurgaon
Union Finance Minister Nirmala Sitharaman’s Budget 2025 has provided a promising outlook for India’s education sector, with a clear focus on enhancing both access and quality. The government’s commitment to improving infrastructure, expanding digital learning, and fostering skill development is evident, especially with the allocation of funds for schemes like the PM SHRI initiative. With the aim to achieve 100% Gross Enrolment Ratio (GER) by 2030, the education sector is poised for transformative growth. However, as we move forward, it will be crucial to continue addressing challenges like teacher training and equitable access, particularly in underserved regions. The emphasis on strengthening school education and improving digital connectivity signals a positive shift towards a more inclusive and future-ready educational framework.”
Mr. Pradeep Aggarwal, Founder & Chairman, Signature Global (India) Ltd
“The Union Budget 2025 is a game-changer, reinforcing India’s commitment to inclusive and sustainable urban growth. The SWAMIH Fund 2 with ₹15,000 crore will accelerate the completion of stalled housing projects, bringing relief to over one lakh homebuyers. The ₹1 lakh crore Urban Challenge Fund will play a pivotal role in transforming cities into vibrant growth hubs, ensuring balanced regional development.
The masterstroke of direct tax reform—exempting income up to ₹12 lakh—will significantly boost disposable income, increasing affordability for homebuyers and driving real estate demand. Additionally, the government’s thrust on PPP-driven infrastructure with a structured three-year project pipeline will accelerate urban expansion, unlocking new opportunities for real estate and housing. These progressive reforms align with India’s vision of ‘Sabka Vikas’, fostering a robust ecosystem for homebuyers, developers, and investors alike.
Raj Gore, CEO, Healthcare Global Enterprises Limited, Lead FICCI Cancer task force
The 2025 budget presents a series of promising initiatives that will significantly impact cancer care in India. The full exemption of customs duty on 36 life-saving drugs, including cancer medications, is a key highlight. This will lower the cost of critical treatments, making them more accessible to a wider range of patients, and help address the financial burden that many families face when fighting cancer and other severe illnesses.The announcement of establishing 200 daycare cancer centres in district hospitals by FY 2025-26 is another crucial step towards decentralizing cancer care. This initiative will help bridge the gap in accessibility, especially in rural and remote areas, ensuring that more patients receive timely diagnosis and treatment without the need to travel long distances.Additionally, the push for promoting medical tourism under the ‘Heal in India’ initiative is a strategic move to elevate India’s position as a global healthcare destination. By easing the visa process and partnering with the private sector, India can attract more international patients, benefiting both our healthcare system and economy.The budget also promises 10,000 additional UG and PG medical education seats next year, with a goal of 75,000 new seats over the next five years. This expansion will help address the shortage of medical professionals and support the growing demand for specialized cancer care.These measures reflect a strong commitment to improving cancer care infrastructure, reducing treatment costs, and enhancing India’s global healthcare impact. The budget is a positive step towards accessible and affordable healthcare for all.Atul Temurnikar, Chairman & Co-Founder, Global Schools Foundation“I am thrilled to see the government’s visionary focus on expanding infrastructure, fostering innovation, and bridging the skill gap in India. The commitment to adding 10,000 seats in medical colleges, enhancing IIT capacities, and setting up 50,000 Atal Tinkering Labs is a monumental step toward nurturing a future-ready workforce. By integrating global expertise into skilling centers and empowering rural youth through multi-sectoral programs, we are not just building institutions but creating ecosystems of opportunity. The emphasis on broadband connectivity for schools and healthcare centers, along with the establishment of the National Institute of Food Technology in Bihar, reflects a holistic approach to education and rural prosperity. This budget is a blueprint for Vikashit Bharat—a nation where quality education, innovation, and inclusivity drive sustainable growth and global leadership.Manoj Dhanotiya, Founder and CEO, MicroMittiUnion Budget 2025, appended is the quote by Manoj Dhanotiya, Founder and CEO at MicroMitti, a pioneering Proptech firm revolutionizing real estate investment in India through fractional ownership, premium developments, and sustainable architecture.
“A healthy and a sustainable startup ecosystem is fundamental to a positive economic growth. The move by the government to enhance credit guarantee cover for start-ups from ₹10 crore to ₹20 crore and strengthen AIF for startups with commitments exceeding ₹91,000 crore is a welcome move. This approach helps the startup ecosystem unlock new opportunities to grow thereby bringing to the table greater financial resilience thereby empowering entrepreneurs and enterprises. This refreshing move further propels India’s commitment to continuous growth.”
Simranjeet Singh, Director, CYK Hospitality
“The Union Budget 2025 marks the beginning of substantial financial reforms that are going to reshape the F&B consultancy and hospitality sectors. The expansion of credit guarantee coverage will provide better financial support for startups and small enterprises, reducing risks while paving the way for innovation. The strengthening of the role played by financial institutions will provide much-needed support toward funding early ventures to scale up quickly in the hospitality and food businesses.
The establishment of a dedicated startup credit ecosystem is a game changer, particularly for first-time women entrepreneurs and businesses from SC and backward communities, creating a larger scope of participation in the industry. In addition, simplifying access to credit could be a boon in itself, particularly with schemes such as the ₹2 crore loan initiative for women entrepreneurs that would encourage newer ventures and diversify and promote inclusivity in the F&B space.
It is in this context that the sector expects accelerated growth, decked in furtherance of enhancement of supply chains, going into the promotion of regional cuisines, and the development of the agriculture sector, all of which pave the way. “
Mr. Manoj Nair, Head of Applications, Fujitsu GDU and Head of Fujitsu India GDC
Today’s Union Budget 2025, themed around transformative growth and a ‘Viksit Bharat,’ offers compelling opportunities for the Indian IT sector. The significant investments in skilling and upskilling are particularly noteworthy. The establishment of five National Centers of Excellence, leveraging global partnerships to deliver cutting-edge curriculum and training, will directly address the burgeoning demand for skilled professionals in areas crucial for ‘Make in India’ and global competitiveness. The expansion of IITs and the new AI Center of Excellence for education will further bolster the talent pipeline, ensuring India possesses the expertise needed to lead in emerging technologies. Beyond education, the budget’s provisions for a Deep Tech Fund of Funds and the PM Research Fellowship scheme are game changers. These initiatives will provide crucial support for next-generation startups and research institutions, fostering a vibrant ecosystem of innovation and attracting top talent. The simplification of merger procedures and the national framework for Global Capability Centers in tier-2 cities will create a more agile and attractive business environment, encouraging both domestic and foreign investment. Finally, the streamlining of GST processes for Health and Wellness startups and improved access to funding are welcome additions, fostering growth in this vital sector. This strategic approach to infrastructure development and regulatory reform will not only accelerate the growth of the IT sector but also contribute significantly to the broader economic transformation of India, ensuring a more inclusive and prosperous future for all.
Ms. Aruna Gorur, Head of HR, Fujitsu India GDC
Today’s Union Budget, focused on a ‘rejuvenated and empowered Bharat,’ offers significant advantages to the Indian IT sector. The emphasis on skill development is particularly impactful. The establishment of five National Centers of Excellence, leveraging global partnerships and expertise, will directly address the skills gap, equipping our workforce with the capabilities needed for a robust and resilient future of the workplace. This focus on human capital development is not just about filling immediate needs; it’s about building a future-ready workforce capable of driving innovation and economic growth for decades to come. This is further enhanced by the expansion of IITs and the creation of an AI Center of Excellence for education, ensuring a steady pipeline of highly skilled professionals in cutting-edge technologies. The deep tech fund of funds will act as a powerful catalyst, nurturing next-generation startups and fostering innovation within the industry. Furthermore, the budget’s focus on simplifying merger procedures and providing substantial tax benefits for individuals will stimulate growth and improve employee financial well-being, boosting morale and attracting top talent. The national framework for promoting global capability centers in Tier-2 cities will also be crucial in driving decentralized growth and creating new opportunities. At Fujitsu India GDC, we see this budget as a strong endorsement of the IT sector’s potential and a significant step towards building a vibrant and future-ready workforce, contributing to the vision of a ‘Viksit Bharat’
Dr. Priyanka Sharma, Head of MONAKA Software R&D Unit, Fujitsu Research of India
Today’s Union Budget 2025, focused on a ‘Viksit Bharat,’ presents a powerful vision for India’s IT industry and its future workforce. I am particularly excited by the emphasis on skilling and upskilling initiatives. The establishment of five National Centers of Excellence, leveraging global partnerships, will directly address the growing demand for skilled professionals in areas crucial to building a tech-for-good India. The expansion of IITs and the new AI Center of Excellence for education will further strengthen this talent pipeline, ensuring India remains at the forefront of technological innovation. The budget’s commitment to a Deep Tech Fund of Funds and the PM Research Fellowship scheme is equally significant. These initiatives will provide critical support for next-generation startups and research institutions, fostering a vibrant ecosystem of innovation and attracting top talent. The focus on supporting first-time entrepreneurs, particularly women is commendable and will contribute to a more inclusive and equitable growth story. These investments in education, research, and entrepreneurship will not only benefit the IT sector but will drive India’s overall economic transformation, creating a more prosperous and inclusive future for all. This budget signals a clear commitment to building a skilled and empowered workforce, ready to seize the opportunities of the future.
Aneesh Jain, Founder, Gram Unnati
“The steps taken by the government in the latest budget will provide the much-needed boost to Indian agriculture. Crop diversification and sustainable farming practices are the way ahead for us and the government’s decision to introduce the PM Dhan Dhanya Krishi Yojana is a great move in that direction. This will not only increase agricultural productivity but also enhance rural prosperity. The government has drawn inspiration from its Aspirational District Programme that has seen quick sustainable agriculture transformation of 112 most underdeveloped districts. And now the decision to target 100 more districts under the newly launched PM Dhan Dhanya Krishi Yojana will surely increase productivity through a sustainable crop diversification programme. This will benefit 1.7 crore farmers. Under this new programme synchronisation of crop diversification, sustainable farming practices, and enhancing post-harvest storage at the Panchayat and block levels will be important. This will require coordination at multiple levels and agencies and that would be the key in defining the success of this programme.”