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Union Budget 2025: Industry Leaders React to Key Reforms and Growth Push

Akash Passey, President, ZF Group in India, says, "The Government’s focus on Clean Tech manufacturing is particularly decisive for the nation’s transition towards sustainable mobility."

Salil Urunkar

Pune: The Union Budget 2025 has introduced key measures right from MSMEs and startups to real estate, education, and wellness, which are aimed at enhancing investment, fostering innovation, and driving long-term sustainability.

Experts from different industries have shared their perspectives on how these announcements will shape their respective sectors and contribute to India’s evolving economic landscape.

Akash Passey, President, ZF Group in India, says, "The Government’s focus on Clean Tech manufacturing is particularly decisive for the nation’s transition towards sustainable mobility. Strengthening domestic capabilities in EV batteries, motors, controllers, wind turbines, and high-voltage transmission equipment will enhance local value addition and build a robust supply chain for sustainable energy and next-generation vehicles."

Ayush Jain, Founder & CEO of Pune-based Mindbowser Inc states, "The 2025-26 budget takes some bold and much-needed steps to strengthen India’s healthcare system. We are excited to see the push for digital health infrastructure, like broadband connectivity for primary health centers under BharatNet. This will open doors for telemedicine, AI-driven diagnostics, and more efficient patient care—exactly the kind of innovation India needs to make quality healthcare available to all.”

Anil Pillai – Director, Terragni Consulting stated, "The revisions in personal income tax, particularly the adjustment of thresholds and deduction structures is expected to boost disposable incomes, it may also impact the progressivity of the tax system. Alongside a strong focus on infrastructure and digital innovation, these measures signal a cautious yet forward-thinking approach, aligning with the broader economic strategy of the current administration.

Rashmi Ghatge – Director, ParamYoga said, "The strong emphasis on health and wellness is also noteworthy, with a clear push toward integrating holistic well-being into daily life. The introduction of the Centre of Excellence in Artificial Intelligence for Education and the expansion of yoga and fitness programs reflect a broader vision of promoting mental and physical health at the grassroots level."

Vandita Purohit – Founder, Mauji Cafe & TraWork said, "Budget prioritizes India’s transformation into a global tourism hub, with strategic investments in infrastructure and the development of new tourist destinations. The simplification of regulatory frameworks for startups and enhanced support for the food and tourism industries will open new avenues for emerging hospitality brands to grow."

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