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Stage is set for long-term growth

Financial Express Hyderabad

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February 02, 2025

THE FINANCE MINISTER'S eighth Budget signals a decisive shift towards structural reforms, aligning with India's trajectory as the world's fastest-growing economy.

- KM BIRLA, CHAIRMAN, ADITYA BIRLA GROUP

With sweeping changes across taxation, energy, urban development, financial services, and regulatory frameworks, it sets the stage for enhanced global competitiveness and long-term growth.

At the heart of this strategy is the National Manufacturing Mission, designed to strengthen India's industrial competitiveness across enterprises of all sizes. By refining execution roadmaps, at both central and state levels, the initiative enhances productivity, reduces costs, upskills the workforce, supports medium and small enterprises (MSMEs), and drives technological innovation, all while ensuring adherence to global quality benchmarks. The government's ambition is clear - to establish India as a formidable player in global manufacturing supply chains.

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