Archives February 2025

Dhruv Shringi, Co-Founder & CEO, Yatra Online Limited

“The Union Budget 2025 reflects a clear commitment and lays a strong foundation for boosting India’s tourism sector through targeted and impactful initiatives, and we commend the government’s efforts in this area, particularly in making it easier for tourists to visit important religious and cultural sites.

The government has done a great job of allocating more funds towards infrastructure development, and expanding the UDAN scheme to 120 new destinations, including greenfield airports in Bihar. This will significantly improve regional connectivity, unlocking the tourism potential of emerging Tier 2 and 3 cities and driving the next wave of air travel growth. Enhanced infrastructure, including hotel integration in the harmonized scheme and development of top destinations in partnership with states, will further enrich the travel experience.

We applaud the focus on medical tourism, simplified e-visas, and support for homestays, which will create new opportunities for travelers and entrepreneurs. At Yatra, we’re committed to supporting this growth by leveraging our network and technology to offer competitive fares, curated travel packages, and empowered local homestays. We look forward to collaborating with the government and stakeholders to realize the full potential of these initiatives and drive the continued growth of India’s tourism sector.”

Anirudh A. Damani, Managing Partner, Artha Venture Fund

This budget is nothing short of transformative—it covers a wide spectrum of critical areas, from tax simplification to deep-tech investments, infrastructure, and energy expansion. The increase in income tax exemption to ₹12.75 lakh is a bold, economy-igniting move that puts more money in the hands of salaried individuals, fueling consumption and economic momentum. The renewal of the ₹10,000 crore Fund of Funds and the focus on deep-tech funding will provide much-needed capital to early-stage ventures and India’s next wave of innovation. The increased allocation for nuclear and power sectors, alongside massive infrastructure CAPEX, signals that this budget isn’t just about the next year—it is about building a globally competitive India by 2047. This is the first full-fledged budget of the Modi government’s third term, and it has delivered on the needs of the economy, startups, and investors alike. The next big moment to watch will be the income tax bill set to be tabled next week, which could further revolutionize India’s tax system. Overall, this budget sets the foundation for sustained, long-term economic growth, and we at Artha Venture Fund are supremely excited about the future it promises.”

Ravi Kunwar, VP and CEO, HMD India and APAC

The Union Budget 2025-26 presents encouraging prospects for the technology and digital infrastructure sector. We applaud the Indian Government for reinforcing India’s vision for self-reliance and innovation-driven growth in electronics manufacturing. Reducing BCD to 5% on open cell components and including 28 additional capital goods for mobile battery fabrication will strengthen local manufacturing and further generate employment in the sector. The formation of the National Manufacturing Mission and investment in skilling initiatives will contribute to India’s global competitiveness and facilitate the commitment to climate-friendly development. These measures, coupled with tax reforms and incentives, create a strong foundation for sustainable growth in India’s electronics ecosystem.

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.

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’

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.

Rajeev Singh, Managing Director, BenQ India and South Asia – Optimism in AI and Made-in-India

“We are encouraged by the government’s announcement of the National Manufacturing Mission, which represents a significant step towards enhancing the ‘Make in India’ initiative. This mission’s focus on supporting small, medium, and large industries, along with its emphasis on clean technology manufacturing, aligns perfectly with our commitment to sustainability and innovation.

Further, the decision to increase the basic customs duty on interactive flat panel displays is a crucial step in addressing the inverted duty structure. This move will foster local manufacturing and support the growing demand for advanced educational technologies, ultimately enhancing innovation in learning environments.

Moreover, the announcement of five National Centers of Excellence for Skilling as well as the setup of 50,000 adult tinkering labs in government schools presents a significant opportunity to integrate advanced technologies, such as interactive flat panel displays (IFP), into the educational framework. These centers will not only equip our youth with essential skills required for manufacturing under the ‘Make in India’ initiative but also leverage global expertise to design curricula that meet industry needs.

The establishment of a Centre of Excellence for AI in education with a ₹500 crore investment is another vital step towards preparing our youth for future challenges. By fostering skills in AI and related technologies, we can enhance employability and drive innovation across various sectors.

Thus, we believe that with the right policy support and a robust ecosystem for electronic components, India can establish itself as a global hub for advanced technologies. We look forward to collaborating with the government and industry stakeholders to capitalize on these opportunities and contribute to India’s digital transformation.”

CP Khandelwal, CEO, PR Innovation, Brand Custodian of Amazfit India

“The Budget 2025’s tech-forward policies signal India’s ambition to dominate the global electronics value chain. Eliminating BCD on open cell components for displays isn’t just a tariff tweak—it’s a strategic unlock. By making India a cost-competitive hub for advanced display manufacturing, we’re poised to cut reliance on imports for LCD/LED panels, which currently account for 80% of the $7 billion display market. This will catalyze local R&D in next-gen technologies like OLED and MicroLED, critical for smartphones, wearables, and smart TVs.

Equally transformative is the lithium-ion battery push. Adding 28 capital goods for mobile batteries will fast-track domestic cell manufacturing, addressing a critical gap where India imports 90% of its lithium-ion needs. For the wearables and smartphone ecosystem, this means shorter supply chains, faster innovation cycles, and sustainable cost efficiencies. India’s future will be driven by innovation, self-reliance, and a bold vision to lead the global tech revolution.”

Vikram Gulati, Country Head and Executive Vice President – Corporate Affairs and Governance, Toyota Kirloskar Motor

“Government’s commitment towards modernising infrastructure through sustained investments has boosted economic growth and helped lower logistic costs. The Production Linked Incentive (PLI) Schemes by the Government have facilitated investments in key sectors and cutting edge technologies. This has helped enhance efficiencies and gain economies of scale thereby contributing to improving Indian industry’s global competitiveness. These measures have been accompanied by continued focus on maintaining prudent fiscal discipline.

In the upcoming budget, we hope for sustained focus on infrastructure spending and enhancing the scope of PLIs. With regards to the automotive sector, India is now on the verge of achieving the target of E20 (20% ethanol blending) in the shortest timeframe, globally. This will substitute significant fossil fuel imports with indigenous Biofuel (Ethanol) sourced from our farmers and result in lower carbon emissions. Further, the sales of electrified technologies are also increasing rapidly. Moving ahead, we request the Government for appropriate merit-based policies that support and help in popularising full range of greener technologies and alternative fuels thereby helping in faster and greater adoption of multiple sustainable mobility solutions. Further, measures to encourage the scrappage of old vehicles through the budget will also boost demand for newer generation vehicles and eliminate the polluting ones.

We also urge the Government to prioritize measures aimed towards enhancing the skilling of youth, supporting MSMEs, promoting R&D and encouraging innovation as well as investing in strengthening the education system for realising the dream of a Viksit Bharat.”

Sandeep Lanjewar, Director, Palladium India 

“The Budget presented by Hon’ble Minister of Finance is clearly focused on accelerated economic growth in the next 3-4 years, while also highlighting sustainability, skill ecosystem and entrepreneurship. The big announcement about MSME investment and turnover limits to be increased is a positive move to include more enterprises in the ambit of MSMEs but will also increase the need for government to closely monitor and handhold nano enterprises in the country. The National Manufacturing Mission to support manufacturing of EV batteries, solar panels etc. is a significant step to boost domestic production in clean tech in India.

The government is clearly looking at increasing employability among youth by strengthening the roots by re-emphasizing the July 2024 announcement on setting up of five National centres of excellence for Skilling including centre for Artificial Intelligence. The budget also announced development for top 50 tourism sites which in turn will promote employment generation in industries related to hospitality, travel and other amenities. Looking at the increasing numbers of gig workers in the country, the budget has also looked into benefits and health insurance of such workers.

Promoting entrepreneurship further, the Hon’ble Minister announced a special scheme for first time women entrepreneurs belonging to SC and ST, in addition to enhancement of credit guarantee scheme cover.”

 Girish Aggarwal, Managing Director of APM Terminals Pipavav

“The Union Budget 2025-26 shows strong support for India’s ports, shipping, and logistics sectors. Extending customs duty exemptions on shipbuilding materials for 10 more years and offering tax benefits to inland vessels will boost local shipbuilding and promote inland water transport. The ₹25,000 crore Maritime Development Fund is a big step towards providing long-term financial support, fostering healthy competition, and encouraging sustainable growth in the maritime industry. This budget is a commendable step towards strengthening India’s position in global trade and logistics.

The government’s focus on boosting exports through measures like the Export Promotion Mission, simplification of customs procedures, and extended export timelines for handicrafts and leather sectors will significantly enhance India’s trade footprint. These steps, coupled with rationalized customs tariffs and reduced duties, will drive both export growth and domestic consumption. Transforming India Post into a large public logistics network with 1.5 lakh rural post offices will improve last-mile delivery and connect rural businesses to broader markets. Providing private companies access to PM Gati Shakti data will simplify project planning and strengthen public-private partnerships. This budget lays a strong, forward-looking foundation for growth in the maritime and logistics sectors.”

Gaurav Baheti, Founder & CEO, Procol

“The Union Budget 2025 demonstrates India’s commitment to becoming a global technology and manufacturing powerhouse. As a company rooted in AI and emerging technologies, we are particularly excited by the announcement of the Centre of Excellence for Artificial Intelligence in Education, with an investment of ₹500 crore. This initiative will undoubtedly fuel India’s AI capabilities, positioning it as a global leader in AI-driven education and creating an ecosystem ripe for talent development and research.

The Government’s focus on MSMEs is equally encouraging. With over 5.7 crore MSMEs playing a crucial role in India’s manufacturing and export sectors, the commitment to improving access to capital through enhanced credit guarantees and increased investment and turnover limits will create an environment where small businesses can scale with confidence and contribute to India’s growth as a manufacturing hub. By fostering technological upgradation and boosting efficiencies of scale, these measures will drive both job creation and economic growth, particularly in emerging sectors like clean tech. All of this is sure to create a fertile ground for AI and deep-tech startups.

This budget most certainly signals a forward-thinking approach that integrates AI, clean tech, and entrepreneurship, positioning India for a prosperous and sustainable future in the global marketplace.”

Jyoti Kapoor, Founder & Director, Manasthali Wellness

“On behalf of the medical health community, I would like to extend our deepest gratitude to the government for its visionary commitment to the healthcare sector. The recent announcement, with a focus on making healthcare more affordable and comprehensive, marks a pivotal moment in our journey towards accessible, high-quality care for all. The establishment of an AI Centre of Excellence for Healthcare will revolutionize patient care, enhancing both diagnosis and treatment through cutting-edge technology. This will also extend to mental health, where AI can help in early detection, personalized care plans, and more efficient management of mental health conditions.

The creation of 10,000 additional seats in medical colleges and hospitals is a crucial step in addressing the growing demand for healthcare professionals, including mental health specialists. This increase will help alleviate the shortage of trained professionals and ensure that mental health services are readily available to those in need. Furthermore, expanding broadband access for telemedicine consultations in rural and underserved villages will bridge the healthcare divide, including mental health support. Telemedicine has already proven to be an invaluable tool for providing mental health care in remote areas, and this expansion will ensure that no one is left behind in accessing the support they deserve. With these initiatives, we are not only advancing physical healthcare but also ensuring that mental health receives the attention, resources, and innovation it so urgently needs. This investment in the future of healthcare will help elevate mental health care to new heights, making it more accessible, effective, and integrated into the broader healthcare ecosystem.”

Riddhi Bhagat, Founder, Binge on Baked (BoB)

 “The Union Budget 2025 is a testament to the government’s recognition of the middle class as the backbone of India’s economy. This is a major positive for FMCG industry, which is mostly dominated by the earnings of the middle class. By reducing the tax burden and exempting income up to ₹12 lakh from taxation, the budget puts more money directly into the hands of consumers. This will undoubtedly boost household consumption, drive demand for essential and aspirational products, and encourage savings and investments. As an FMCG brand, we welcome these measures, which will fuel economic momentum and enhance the overall consumer sentiment in the market.”

Ravi Kunwar, VP and CEO, HMD India and APAC

The Union Budget 2025-26 presents encouraging prospects for the technology and digital infrastructure sector. We applaud the Indian Government for reinforcing India’s vision for self-reliance and innovation-driven growth in electronics manufacturing. Reducing BCD to 5% on open cell components and including 28 additional capital goods for mobile battery fabrication will strengthen local manufacturing and further generate employment in the sector. The formation of the National Manufacturing Mission and investment in skilling initiatives will contribute to India’s global competitiveness and facilitate the commitment to climate-friendly development. These measures, coupled with tax reforms and incentives, create a strong foundation for sustainable growth in India’s electronics ecosystem.

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.

 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’

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.

Rajeev Singh, Managing Director, BenQ India and South Asia – Optimism in AI and Made-in-India

“We are encouraged by the government’s announcement of the National Manufacturing Mission, which represents a significant step towards enhancing the ‘Make in India’ initiative. This mission’s focus on supporting small, medium, and large industries, along with its emphasis on clean technology manufacturing, aligns perfectly with our commitment to sustainability and innovation.

Further, the decision to increase the basic customs duty on interactive flat panel displays is a crucial step in addressing the inverted duty structure. This move will foster local manufacturing and support the growing demand for advanced educational technologies, ultimately enhancing innovation in learning environments.

Moreover, the announcement of five National Centers of Excellence for Skilling as well as the setup of 50,000 adult tinkering labs in government schools presents a significant opportunity to integrate advanced technologies, such as interactive flat panel displays (IFP), into the educational framework. These centers will not only equip our youth with essential skills required for manufacturing under the ‘Make in India’ initiative but also leverage global expertise to design curricula that meet industry needs.

The establishment of a Centre of Excellence for AI in education with a ₹500 crore investment is another vital step towards preparing our youth for future challenges. By fostering skills in AI and related technologies, we can enhance employability and drive innovation across various sectors.

Thus, we believe that with the right policy support and a robust ecosystem for electronic components, India can establish itself as a global hub for advanced technologies. We look forward to collaborating with the government and industry stakeholders to capitalize on these opportunities and contribute to India’s digital transformation.”

CP Khandelwal, CEO, PR Innovation, Brand Custodian of Amazfit India

“The Budget 2025’s tech-forward policies signal India’s ambition to dominate the global electronics value chain. Eliminating BCD on open cell components for displays isn’t just a tariff tweak—it’s a strategic unlock. By making India a cost-competitive hub for advanced display manufacturing, we’re poised to cut reliance on imports for LCD/LED panels, which currently account for 80% of the $7 billion display market. This will catalyze local R&D in next-gen technologies like OLED and MicroLED, critical for smartphones, wearables, and smart TVs.

Equally transformative is the lithium-ion battery push. Adding 28 capital goods for mobile batteries will fast-track domestic cell manufacturing, addressing a critical gap where India imports 90% of its lithium-ion needs. For the wearables and smartphone ecosystem, this means shorter supply chains, faster innovation cycles, and sustainable cost efficiencies. India’s future will be driven by innovation, self-reliance, and a bold vision to lead the global tech revolution.”

Sri Charan Lakkaraju, Founder & CEO, Student Tribe

 “The budget announcements by the government are a huge step forward in building a more skilled and inclusive workforce, ready to compete on the global stage. The focus on expanding skilling opportunities and forming global partnerships is exactly what students need to stay ahead in an ever-changing world. With plans to enhance infrastructure at top institutions like IITs, introduce AI-driven learning, and expand Atal Tinkering Labs in government schools, we are equipping students not just for today’s jobs but for leadership roles of tomorrow.

Creation of five National Centres of Excellence for Skilling, across the globe would ensure that learners gain industry-aligned expertise, mostly in high growth sectors. Better technical and vocational training and implementation of the scheme for promoting ‘Bharatiya Bhasha Pustak’ means that learning became more inclusive, more accessible for everybody.

Recognition of gig workers with identity cards, healthcare under PM Jan Arogya Yojana, and financial inclusion through the revamped PM SVANidhi scheme are also important steps to secure their well-being and livelihoods. It not only acknowledges the contribution of the gig economy but also empowers students who take up freelancing and part-time opportunities.

We believe such initiatives at Student Tribe will usher in new horizons of opportunities, allowing the students to positively contribute to industries at the national and global level.”

Mohan Ramaswamy, Co-founder and CEO at Rubix Data Sciences

MSME

“The increase in investment and turnover limits for MSMEs is a game-changer for India’s manufacturing and export sectors. By allowing businesses to scale without losing MSME benefits, this move will drive expansion, enhance credit access, and boost job creation. It strengthens India’s position as a global manufacturing hub while ensuring MSMEs remain the backbone of economic growth”.

KYC

“The introduction of a revamped Central KYC Registry in 2025 is a great step towards enhancing both security and efficiency in India’s financial ecosystem. By implementing measures like masking KYC identifiers and using unique IP-based access, the government is ensuring that sensitive customer data remains secure from unauthorized access. This initiative will help businesses and financial institutions streamline their customer verification processes while safeguarding data integrity, aligning with RBI’s focus on building a more secure and resilient KYC framework. This is a critical move to foster greater trust and compliance across sectors”.

Ease of Doing Business

“India’s business environment has long been burdened by complex regulations and processes that have made it challenging for companies to thrive. However, Budget 2025 marks a pivotal step towards improving the ease of doing business. Simplifying customs procedures, reducing tariff rates, and streamlining the tax filing process will drastically reduce the time and costs businesses incur to navigate regulatory hurdles. The extension of the deadline for filing updated tax returns and the rationalization of the TDS and TCS systems offer greater clarity and reduce the compliance burden for companies of all sizes.

Moreover, the decriminalization of over 100 provisions through the Jan Vishwas 2.0 bill will help create a more supportive environment for businesses, eliminating unnecessary penalties and fostering a culture of innovation and risk-taking. The increased credit guarantee cover for MSMEs and the expanded loan limits under the PM Swanidhi scheme are key steps in improving access to finance for small and medium enterprises, which will help them scale and compete more effectively in both domestic and global markets.

By focusing on reducing regulatory complexity, improving access to capital, and promoting a more transparent business ecosystem, these measures are set to enhance the ease of doing business, empowering companies to grow, innovate, and contribute to India’s economic prosperity”.

Sachidanand Upadhyay, MD, Lord’s Mark Industries Limited

“The government’s focus on strengthening India’s healthcare infrastructure under the Viksit Bharat vision is commendable. The establishment of Day Care Cancer Centres across all district hospitals and 200 cancer centres in FY 2025-26 will significantly improve access to life-saving treatment for patients across the country. Additionally, the exemption and concessional duty on essential medicines and bulk drugs will make critical treatments more affordable, especially for those battling cancer, rare diseases, and chronic conditions. These measures will provide much-needed relief to patients and help build a more resilient healthcare ecosystem. We fully support these initiatives and remain committed to delivering high-quality, cost-effective healthcare solutions to ensure every Indian has access to life-saving treatments.”

Jaya Vaidhyanathan, CEO, BCT Digital

The budget takes a bold, strategic approach to economic growth, balancing fiscal incentives, credit expansion and sustainability to drive long-term resilience and global competitiveness. It boosts disposable income through reduced personal income tax and higher TDS limits for senior citizens and rent, stimulating consumption and economic momentum. Targeted credit expansion for farmers and MSMEs will inject vital liquidity, accelerating sectoral growth, while the transition to cashflow-based lending reinforces financial stability. The Bharat Trade Net and NABFID credit enhancements will sharpen India’s export competitiveness amid global headwinds. Moreover, a strong push for workforce participation, particularly for women, and a firm commitment to green initiatives will drive sustainable, inclusive development. I expect these measures to collectively lay the foundation for long-term economic resilience and nation-wide growth.

Sardar Taranjit Singh, Managing Director, JIS Group

The Union Budget’s allocation of ₹1.48 lakh crore towards education, skilling, and employment is a progressive step towards building a knowledge-driven economy. The emphasis on initiatives like the National Digital University, AI-driven Centres of Excellence, and the PM Internship Scheme aligns with the nation’s vision of cultivating innovation and global competitiveness. As an institution committed to holistic education, JIS Group welcomes this investment in digital learning, technical education, and teacher development, which will empower the youth with future-ready skills and strengthen India’s position as an education leader on the global stage.

Rajiv Gupta, Managing Director, Wave City

“The Union Budget 2025-26 will push the growth trajectory further as it focuses on increasing the income of the middle class by expanding the nil tax limit to Rs 12 lakh, stressing ease of doing business, building urban infrastructure and launching fresh funds for completion of stressed residential projects. There will be accelerated growth in the real estate segment with the Govt. setting up a ₹1 lakh crore Urban Challenge Fund to transform cities into growth hubs, support creative redevelopment, and enhance water and sanitation infrastructure, which in turn boost residential real estate and create more housing and investment demand. “

Bijal Sanghvi, Managing Director, Axis Solutions

 “Union Budget 2025 will drive and strengthen India’s manufacturing and energy transformation with a strong push for “Make in India”. Targeting 100 GW of nuclear energy by 2047 is a welcome move for a sustainable future. With a ₹20,000 crore outlay for small modular reactors in Nuclear Power, the budget accelerates clean energy adoption. Power sector reforms, export promotion, and policy incentives will strengthen industrial growth, ensuring Atma-Nirbharta, innovation, energy security and transition. Investing in people through skill development programme will build a future-ready workforce, positioning India as a global power- house in manufacturing, sustainability, and technological advancement.”

Ajitesh Korupolu, Founder & CEO, ASBL

‘From a personal finance perspective, the budget introduces a significant tax exemption for individuals owning two self-owned properties, easing the financial burden for those looking to expand their real estate holdings. Additionally, the tax relief aimed at the middle class is expected to reduce the overall tax burden, giving individuals more financial flexibility as they consider buying their first home. While these moves aren’t direct incentives for home loan interest, they still play a crucial role in making homeownership more accessible. Reforms in REITs are also anticipated to provide increased liquidity in the market, opening up new investment opportunities.

By focusing on infrastructure and easing the tax burden, the budget is laying the foundation for a more feasible path to homeownership, especially for those in the middle-income bracket looking to step into the real estate market.’

Kamal Bali, President & MD – Volvo Group in India

The Budget’s sustained focus on capex spend & more money in the hands of the middle income group, with tax relief, will provide a fillip to demand growth and employment, while also being fiscally responsible.

The budget is inclusive as every sector of society and economy (including manufacturing, msme’s, agri, startups, tourism, skilling, training in AI), have been thought of and provided some sort of support for growth or transformation.

FDI in insurance, EoDB with rationalization of import duties & other provisions, the nuclear energy mission for 100GW energy, India Post as logistics organization leveraging last mile connectivity, and personal income tax changes are some other highlights.

Sudarshan Lodha, Co-Founder & CEO, Strata SM REIT 

“The Union Budget 2025-26 takes meaningful steps toward strengthening India’s infrastructure landscape, particularly through the expansion of the Public-Private Partnership (PPP) model and the continuation of the Asset Monetisation Plan. The ₹1.5 lakh crore interest-free loan to states for capital expenditure is a welcome move, as it will encourage long-term investments in critical sectors. Also, the ₹10 lakh crore Asset Monetisation Plan provides a much-needed boost to unlock value from existing assets and reinvest in new projects.

The revision in IT slabs is also a positive step, as it will add more liquidity and encourage wider participation in investments, including structured real estate opportunities. The evolving regulatory and fiscal framework will be crucial in ensuring that private capital finds efficient avenues to participate in infrastructure development. A well-defined regulatory framework will be key, and I’m looking forward to seeing how these policies translate into real investment opportunities.”

Harshvardhan Tibrewala, MD, Vida Realty 

The Union Budget 2025-26 explicitly highlights its move for strengthen the real estate sector, infrastructure, and also encourages employment for workers. The incorporation of SWAMIH Fund 2 that allocated ₹15,000 crores, allows stalled housing projects successful. Urban sector reforms are in the spotlight due to a ₹1 lakh crore Urban Challenge Fund on sustainable development and city infrastructure.

Valuation of two self-occupied properties at Nil rather than one can help reduce financial burdens on the owners of such properties and makes homeownership look attractive and cheaper. Income tax relief measures can bring more money to the people’s pockets that would increase the purchasing power, hence increasing the demand in housing sectors. On the demand side, the personal income tax reforms—particularly the increase in the TDS exemption on rental income from ₹2.4 lakh to ₹6 lakh and the higher tax deduction limits for senior citizens—will enhance disposable income and strengthen consumer sentiment.

Expansion of PM SVANidhi and other financial support schemes will scale up employment across real estate and allied industries and strengthen economic resilience. The budget approach to upskilling and social security for the construction workforce, especially in the informal sector, is a welcome step.

It includes ₹1.5 lakh crore worth of interest-free capital expenditure loans to be provided to states, which will hugely benefit large-scale infrastructure projects, from developers to contractors and to the small daily-wage laborers.

Together, these initiatives create a very favorable environment for real estate growth, urban development, and job creation. This is an opportunity for Vida Realty to be part of the rapidly transforming skyline of India while ensuring infrastructure and housing remain accessible and affordable for all.

Badal Yagnik, Chief Executive Officer, Colliers India

“The Union Budget 2025-26 has continued to further the goal of ‘Viksit Bharat’ and ‘Sabka Vikas’ through transformative reforms across six key domains including urban & real estate development, power & mining sectors, financial services and taxation as well regulatory reforms. Balanced regional growth across tier I & II cities will be driven by engines such as agriculture, MSMEs, investments and exports. The National Manufacturing Mission, guidance framework for GCCs, start-up focused AIF, SWAMIH 2 fund and Urban Challenge Fund, all hold potential to significantly accelerate real estate growth across multiple real estate segments. The budget has continued to focus on improving the ease of doing business through innovation, technological upgradation and sharing of data between public & private sector establishments. The extension of the SWAMIH fund is a much-expected move as several real, estate projects continue to reel under stress due to funding constraints, delaying delivery of homes. Additionally, rationalization of taxes and enhancement of exemption limits can boost disposable income spurring consumption levels and real estate investments, particularly in residential real estate and alternate financial instruments such as REITs.”

Shrinivas Rao, FRICS, CEO, Vestian 

“The Union Budget 2025 focuses on employment generation, boosting domestic consumption, and enhancing connectivity by concentrating on the rapid development of physical infrastructure and increasing disposable income of citizens. This will have a positive impact on increasing demand for all real estate asset classes across the country. Furthermore, the budget has an allocation of INR 15,000 Cr under the SWAMIH Fund for addressing liquidity issues of delayed housing projects. This along with the digitization of land records is expected to strengthen homebuyers’ confidence.”

Mr. Rao further added, “Upgradation of infrastructure facilities for air cargo will multiply the demand for warehousing across the country. Focus on setting up GCCs in tier-2 cities will transform the real estate landscape in the emerging cities of India.

Piyush Bothra, Co-Founder and CFO, Square Yards

“The recent budget introduces much-needed relief, particularly with the zero-tax provision on annual incomes up to Rs 12 lakh—a move that enhances disposable income and is expected to support homebuyers. Additionally, the allocation of Rs 15,000 crore under the SWAMIH Fund for completing 1 lakh stalled housing units is a significant intervention, providing relief to buyers impacted by delayed projects and supporting supply-side stakeholders.

However, additional measures could have further strengthened the sector. Increasing home loan deduction limits would have improved financing accessibility, particularly for first-time homebuyers and end-users. This could have enhanced affordability, eased credit constraints, reduced tax liabilities, and contributed towards meeting the projected demand of 93 million housing units by 2036.”

Rahul Mody, Co-Head Investment Banking at Ambit

“The budget has a number of provisions to boost investments significantly across sectors. These include an increase in FDI in the Insurance sector to 100%, increased focus on manufacturing including in CleanTech, extension of the SWF/Pension Funds tax exemption for investments in the Infrastructure sector to 2030, and new initiatives for the Water, Nuclear Power and Urban Development sectors. There is also a signficant Asset Monetisation target set up to 2030. We expect the FDI to go up significantly over the next five years to USD 100-125 bn a year. These provisions also put the country firmly on course to achieving the stated Net Zero target by 2070.”

Vikram Gupta, Founder and Managing Partner, IvyCap Ventures 

Union Budget 2025 takes significant strides toward fostering India’s startup and investment ecosystem, particularly in deep tech, innovation, and entrepreneurship. The government’s announcement of a new ₹10,000 crore Fund of Funds, building on the previous commitment of ₹91,000 crore, will provide much-needed domestic capital, fueling startup growth and reducing dependency on foreign investments. The increased focus on women entrepreneurs under this scheme is a progressive move toward enhancing diversity in India’s startup landscape.

The decision to increase FDI in insurance from 74% to 100%—provided the premium is invested in India —could significantly boost the country’s investment environment. A portion of this capital could potentially flow into AIFs, unlocking further opportunities for startups. Additionally, the much-needed tax clarity on capital gains vs. business income for AIF Category I & II funds aligns Indian AIFs with FPIs, improving tax certainty and encouraging more investments. The removal of Section 206C(1H), which required tax collection at source on the sale of securities, is another positive step, addressing a long-standing industry concern.

Further, the move to prospectively eliminate Tax Deducted at Source on distributed securities returns is a game-changer, likely to encourage more Limited Partner (LP) investments in venture capital firms.

The Budget’s focus on talent and infrastructure development is equally commendable. The expansion of IITs founded after 2014 and increasing the number of seats to 6,500 will significantly contribute to India’s talent pipeline, nurturing the next generation of entrepreneurs and innovators. Strengthening premier institutions like IITs will create a more skilled workforce, directly benefiting India’s startup ecosystem. Additionally, the establishment of Centres of Excellence in AI and deep tech will further accelerate innovation in critical sectors.

The expansion of medical education—adding 10,000 seats in medical colleges and 75,000 more over the next five years—addresses India’s healthcare talent shortage. The announcement of 200 new cancer daycare centers will be instrumental in improving cancer care access, benefiting startups like ICanHeal and strengthening India’s healthcare sector.

For startups, the government’s extension of tax benefits to those incorporated until March 31, 2030, is a crucial step, though more clarity is needed on its implementation. The rationalization of income tax brackets will put more disposable income in the hands of consumers, leading to increased spending—a positive development for startups in the consumer sector and beyond.

In IFSC reforms, the extension of tax exemptions in GIFT City until March 31, 2030, along with the introduction of a simplified regime for fund managers, will encourage more fund management activity in India. The ability of retail funds and ETFs to relocate to GIFT IFSC in a tax-free manner enhances India’s attractiveness as a global financial hub.

Finally, the TCS rationalization for students studying abroad, while only applicable to loans up to ₹10 lakh, will still benefit many aspiring students and edtech platforms like GradRight. From a broader perspective, while the budget makes impactful changes to taxation and indirect taxes, understanding the areas where tax rates have increased will be essential for assessing the overall economic impact.

Overall, this budget brings several progressive measures to support startups, investors, and innovation-led industries. With a strong push toward deep tech, capital access, infrastructure, IIT expansion, and regulatory clarity, it paves the way for a robust and sustainable entrepreneurial ecosystem in India.

Anuj Puri, Chairman – ANAROCK Group

The Union Budget focused on economic expansion, infrastructure development, MSMEs, futuristic cities, and middle-class welfare and brings substantial relief for the middle class. It also aims to stimulate rural consumption – an essential step toward unlocking India’s economic potential.

From a real estate perspective, the budget delivers both direct and indirect benefits, acting as a catalyst for growth. However, a notable shortfall was the absence of major announcements for the affordable housing sector, leaving stakeholders disappointed.

Despite this, the budget overall remains strong and growth-oriented, with a clear focus on economic development and enhanced consumption. Key takeaways for the real estate sector include:

Key Announcements Impacting Real Estate

• Income Tax Relief for the Middle Class – The Finance Minister announced zero income tax for individuals earning up to INR 12 lakh annually, providing a major consumption boost. This move is also expected to strengthen demand for affordable housing. Additionally, the new income tax bill will retain nearly 50% of existing provisions while introducing personal tax reforms and rationalizing TDS and TCS regimes by streamlining rates and thresholds.
• Tax Benefits for Residential Property Investors – Investors can now claim Nil valuation for two self-occupied properties, instead of just one – a positive move for residential real estate investment. The simplified TDS on rent decreases the compliance burden and enhances liquidity for landlords and will positively impact the rental housing market, especially in metro cities. Previously, homeowners could claim only one self-occupied property as tax-free; now, they can claim two – thereby removing taxation on notional rental income from a second home. This step minimizes tax pressures, promotes homeownership, and facilitates real estate investment, especially in second homes and Tier 2 and 3 cities. Middle-class homebuyers, landlords, and investors can now benefit from reduced tax liabilities, better affordability, and less compliance hassles. By simplifying financial constraints and tax rules, the budget has made property ownership and rental housing more accessible. This gives a significant fillip to the real estate sector, specifically to and housing demand.
• INR 1 Lakh Crore Urban Challenge Fund for New-Age Cities – The establishment of this massive urban development fund will enhance infrastructure, unlock real estate potential, and transform cities into major growth hubs.
• SWAMIH Fund Allocation of INR 15,000 Crore – This initiative will facilitate the completion of over 1 lakh stalled residential units, providing much-needed relief to homebuyers, especially in the National Capital Region (NCR).
• Revamped UDAAN Scheme to Improve Connectivity – The restructured UDAAN scheme aims to connect 120 new destinations and serve over 4 crore passengers in the next decade. Greenfield airports in Bihar and other regions will be developed to support this expansion. This enhanced connectivity is expected to boost real estate demand in Tier-II and Tier-III cities.
• PM Gati Shakti Data Access for Private Sector & Tourism & Warehousing Infrastructure Boost – The government will open PM Gati Shakti data to private players, while 50 top tourist destinations will be developed in collaboration with state governments. Additionally, hotels will be included in the harmonized scheme for tourism infrastructure, leading to enhanced real estate opportunities in major tourist hubs. This will also benefit the warehousing sector across the country.
• Support for Global Capability Centres (GCCs) – A national guidance framework will be introduced to help states attract and promote GCCs, strengthening India’s position as a global business hub. Given India’s rising economic influence, this move is expected to fuel office space demand in major metros like Bengaluru, Mumbai, Hyderabad, Pune, and Chennai, as well as Tier-II and Tier-III cities.
• INR 1.5 Lakh Crore Fiscal Support for MSMEs – The allocation of INR 1.5 lakh crore to MSMEs is expected to spur capacity expansion, creating a ripple effect that will positively impact industrial real estate.

Nirav Choksi, CEO and Co-Founder of CredAble

“The Economic Survey has pegged India’s FY26 GDP growth between 6.3% and 6.8%. The route to higher productivity lies in creating a win-win economic fabric for all sectors, especially the MSMEs. We’re seeing a positive shift in India’s financial services ecosystem with bank credit to MSMEs surpassing enterprises with 13% growth. RBI’s ULI is bringing about sweeping changes in the MSME credit ecosystem. With its open architecture and plug-and-play model, ULI is improving the discoverability and deliverability of credit to underserved MSMEs.

FinTechs are also playing their part in democratising financial services by accelerating the deployment of technology-enabled financial inclusion and pay-as-you-use financing solutions. While FinTechs are redefining MSME lending with innovative underwriting approaches, products like ULI can extend their reach and cover more lending use cases and categories to remove structural barriers and improve access to working capital financing for MSMEs.”

Shrinivas Rao, FRICS, CEO Vestian

“The Economic Survey 2025 reaffirms the vision of Viksit Bharat 2047, recognizing that this goal cannot be achieved without the contribution of the real estate sector—the second-largest employment generator in the country. The survey highlights the sector’s strong performance in 2024, driven by economic stability and positive market sentiment. Vestian Research data reinforces this trend, with 2024 recording the highest-ever office absorption at 70.7 million sq. ft.

Vimal Nadar, Senior Director & Head, Research at Colliers India

“The economic survey has highlighted the robustness of the Indian economy driven by calibrated fiscal consolidation and stable private consumption. With upsides in the form of domestic investment & manufacturing output growth, the government expects FY26 GDP growth rate to be in the range of 6.3-6.8%. Real estate will continue to play a pivotal role and demand across asset classes is likely to expand into multiple Tier II & III cities and economic corridors as well. All-time high credit deployment with over INR 28 trillion outstanding housing loans as of October 2024, indicates healthy residential activity. Overall, the economic survey has outlined the need for continued infrastructure push, policy reforms and sector specific business enablers in the upcoming budget, which should help in sustaining the real estate growth momentum over the next few years.”

Sahil Agarwal, CEO, Nimbus Group

The Economic Survey underscores the crucial role of the real estate sector in economic growth and projects sustained demand for both housing and office spaces over the long term. Given its significant contribution to GDP and employment, real estate remains one of the key pillars of India’s economic expansion.

The sector has witnessed renewed confidence following the implementation of RERA (Real Estate Regulatory Authority), which has instilled greater transparency and accountability. As a result, both end-users and investors are now more willing to invest in projects developed by RERA-compliant builders, leading to a healthier and more robust market. Over time, we expect transparency and governance in the sector to improve even further, making it even more attractive for investment.

The Economic Survey rightly predicts that housing demand in India will reach 93 million units by 2036, a figure that underscores the enormous growth potential of the sector. Beyond just real estate, this surge in demand will also benefit auxiliary industries, such as construction materials, home décor, finance, and technology, creating a ripple effect across the economy.

However, to fully capitalize on this demand and drive further growth, we urge the government to grant long-pending industry status to the real estate sector. This will allow developers to access easier financing, lower borrowing costs, and incentives, ultimately enabling the sector to meet housing demand more effectively and contribute even more significantly to India’s economic progress.

Vivek Jalan, Partner Tax Connect Advisory Services LLP

The economic survey emphasizes on deregulation and simplification of business procedures as a compulsion rather than as an option in the current day geo-political environment. This can be done by reducing layers of operational conditions to policies to prevent abuse and making them incomprehensible and complicated. Therefore simplification of TDS/TCS in norms in Income Tax, MOOWR/IGCR Scheme in Customs and of course simplification of GST is what seems on the anvil in the budget going forward among other policy changes.

Due to geo-political conditions India’s export is expected to be tepid and India will have to press the levers on domestic consumption as well as manufacturing for growth. However, India’s manufacturing of raw materials, components, parts, etc is far from self-sufficient and hence its dependence on global supply chains create a road block. Much more push needs to be given to manufacturing raw materials, components, parts, etc. Green mobility should be the focus area.

February 1, 2025: Where sneaker culture meets vintage beats, sports brand PUMA India turned up the retro vibe at the Indian Sneaker Festival ongoing at the Backyard Sports Ground, Gurugram. Bringing back the magic of 60s music and classic terrace style, the brand spotlighted its iconic Palermo sneaker with a pop-up that felt straight out of a golden-era record store.

PUMA has pulled out all the stops to give sneakerheads an immersive experience like never before. Picture terrace culture drenched in retro beats, vintage cool with a bold and modern edge.

Inspired by the original soundtrack created for the Palermo digital Film released in 2024 featuring Ibrahim Ali Khan Pataudi and Ayesha Kanga among others, the pop-up reimagines the vibe of the 60s music record store but with a PUMA spin. Imagine a walk through rows of vinyl records, CD showcases, a record-style sneaker display, and a listening station pumping curated tracks, this aesthetic, Instagrammable pop-up is the ultimate celebration of the power of music—a timeless classic—much like the Palermo sneaker itself.

PUMA chose the 4th edition of the Indian Sneaker Festival to offer a fun, multi-sensorial experience for sneakerheads to get a first-hand feel and vibe of the iconic Palermo sneaker. In addition, the pop-up features a customization station where shoppers can accessorize their new Palermos with charms and create a memorable PUMA experience.

The Palermo sneaker, with its signature mix of bold colorways and undeniable retro charm, is perfect for those who love to blend vintage style with new-age spirit. It is all about fun, friendships, and that effortlessly cool ’60s energy. The Palermo comes in a range of vibrant colorways, from bold and electric to classic and understated, offering something for every style. Each shade is a nod to retro charm, reimagined for the modern-day sneaker lover.

What’s Happening at the Pop-Up?

· Shop the Goods: Exclusive Palermo sneakers and premium Prime Select apparel are up for grabs.

· Customisation Station: Bought some PUMA heat? Make it yours with a customization set-up only for pop-up shoppers.

· 500 Giveaways: Join the buzz for a chance to win from our 500-product giveaways, inspired by the retro record store vibe.

· Special Appearance: Actor and trendsetter Ayesha Kanga is set to make an appearance at the PUMA Palermo pop-up on February 1st, bringing her unique flair to the mix.

The Palermo is calling—are you ready to create some Instagrammable moments? Bring your crew, grab some kicks, and soak up the vibes at the Palermo pop-up, set up till Feb 2.

Manipal, 1st February 2025: The Department of Mechanical Industrial Engineering, MIT Manipal (MAHE), in collaboration with Intel India, inaugurated the Intel Unnati – Artificial Intelligence Data Centric Lab and launched the Intel Unnati Certification programs on 24th January 2025. An enthusiastic crowd of students, faculty members and University officials participated in the inaugural ceremony that was held at the Library Auditorium of MIT, Manipal.

The chief guest of the function, Mr. Girish H, National Business Manager, HPC, Artificial Intelligence & Unnati, India, elaborated on the Intel Unnati Initiative stating that the program was formulated to provide the necessary upskilling the students and faculty members need in the area of artificial intelligence and machine learning. He also stated that there is a need for the country to be technologically empowered and Intel is playing its part in the venture.

“This initiative will not only create a space for creativity to meet technology but will also help in bridging the gap between academia and industry. This program will help the students to gain valuable insights into technology advancements and will prepare them for the digital industry” said the honourable vice-chancellor of MAHE, Lt. Gen Dr. MD Venkatesh during his speech as the guest of honour for the function. He also expressed his happiness about the fact that the certification program would cater to students and faculty of all professions including health professionals.

Cmdr (Dr) Anil Rana, Director, MIT, Manipal shared that it is imperative that students and professionals from NON-IT branches also upskill themselves in AI related domain to adapt to the global change in the industrial eco-system and this certification program would provide the suitable platform in this direction.

“We have developed courses that cater to students and professionals of various engineering disciplines, health professionals, Dentists and hotel management” explained Prof. Nithesh Naik, faculty in the department and the Intel Unnati program coordinator during his presentation of the overview of the certification program. He also went on to explain the different verticals of the Intel Unnati Lab and elaborated that the annual Industrial Training program offered by the Intel Unnati provides a good platform for the students of MIT to work on real time problems while being mentored by the professionals from Intel. He advised the students of MIT to lookout for various competitions that will be hosted by Intel Unnati.

Dr. Arunachal V Chandavar, Head of the Department of Mechanical & Industrial Engineering, MIT Manipal, stated that this lab would empowered and encourage students to adopt advanced technology to shape their knowledge and skills during his welcome address.

Prof. Suhas Kowshik and Dr. Pavan Hiremath, coordinators of the Intel Unnati Program, were present at the event, who offered their expertise in supporting the launch of this transformative initiative.

In an industry where rapid advancements and fierce competition define the landscape, Shreyas Webmedia Solutions has firmly established itself as a leading player. This February, the company marks a significant milestone—celebrating three years since its inception. Over the past three years, Shreyas Webmedia Solutions has made notable strides in providing innovative digital marketing services, web development, and creative solutions to businesses across the globe.

A Vision Brought to Life

Founded with a vision to help businesses enhance their online presence, Shreyas Webmedia Solutions has grown to be a trusted partner for companies seeking professional and customized digital marketing strategies. The company’s approach combines creativity, technical expertise, and a deep understanding of the evolving digital landscape.

In just three years, the company has built a solid reputation for delivering tailored solutions to clients, ensuring they not only meet but exceed their digital goals. From SEO and social media marketing to website development and branding, Shreyas Webmedia Solutions offers a comprehensive suite of services designed to elevate brands and drive business growth.

Key Milestones and Achievements

The company’s journey has been marked by several key milestones:

Expanding Client Base: Shreyas Webmedia Solutions has successfully built a diverse portfolio of clients spanning across various industries, including retail, technology, education, healthcare, and more. Their client-centric approach and focus on results have played a significant role in fostering long-lasting relationships.

Innovative Solutions: From search engine optimization (SEO) that ensures high search rankings to mobile-responsive website designs, Shreyas Webmedia Solutions has continuously integrated the latest trends and technologies into its services. Their ability to adapt to the fast-paced nature of the digital marketing world has allowed them to stay ahead of the curve.

A Growing Team of Experts: The growth of the company can be attributed to its talented and dedicated team of professionals who bring diverse expertise to the table. Their passion for delivering exceptional service has been instrumental in Shreyas Webmedia Solutions’ success.

Awards and Recognition: The company has also earned accolades for its exceptional work, including recognition from various industry bodies. These achievements reflect the commitment and dedication of the Shreyas Webmedia Solutions team to providing top-quality service to clients.

Looking to the Future

As Shreyas Webmedia Solutions celebrates this impressive achievement, the company remains focused on continuous improvement and growth. They are committed to staying at the forefront of emerging technologies and trends to deliver cutting-edge solutions to their clients.

“We are extremely proud of what we have achieved over the past three years, but this is just the beginning. We are constantly evolving and adapting to meet the needs of our clients. The digital world is always changing, and we are excited to help businesses navigate that change and emerge stronger than ever,” said Mr. Neel Achary, CEO and the visionary behind Shreyas Webmedia Solutions.

As Shreyas Webmedia Solutions celebrates its third anniversary, it is clear that the company’s innovative approach, commitment to excellence, and focus on client satisfaction have contributed to its growth and success. With a bright future ahead, Shreyas Webmedia Solutions is poised to continue transforming digital marketing and web development for years to come.

New Delhi,: The India Honey Alliance (IHA), in collaboration with NIFTEM-K, successfully hosted the ‘Hive to Home: Vision2030 – Building a Scientific & Sustainable Honey Industry’ seminar at the India International Centre. The seminar aligns with the Hon’ble Prime Minister’s Honey Mission, to reinforce efforts to strengthen India’s honey value chain through scientific advancements and sustainable practices. Bringing together policymakers, scientists, and industry leaders, the event fostered critical discussions on quality assurance, sustainability, and global competitiveness in India’s honey industry.

The seminar was attended by key Government dignitaries including Dr. Subrata Gupta (IAS), Secretary, Ministry of Food Processing Industries (MoFPI ; Dr. H.S. Oberoi, Director, NIFTEM-K; Dr. Satyen Panda, Advisor, QA, FSSAI; Dr. Kaushik Banerjee, Director, ICAR-National Research Centre for Grapes ; Dr. Rajesh R Nair, Deputy Managing Director, NDDB CALF; Dr. Komal Chauhan, Dean Research and Outreach, Head CFRA & CEFF; Sh. Balasubramanian.K, Joint Director, Quality Assurance, FSSAI; and Dr. Ranjan Mitra, immediate past President AOAC International-India Section.

Dr. Subrata Gupta (IAS), Secretary, Ministry of Food Processing Industries (MoFPI), calling the seminar “an extremely important event with far reaching impact” emphasized the need to protect the bees & train the beekeepers scientifically to maintain authenticity of honey. Underscoring the importance of standards, he said “I urge FSSAI to work closely with NIFTEM & other institutes to come up with standards that are relevant for India.” He called upon IHA to grow in size & work towards maintaining India’s standing as a leading honey producer & exporter. He underscored the critical role of scientific advancements in testing methodologies to uphold global benchmarks and enhance the industry’s credibility. and regulatory frameworks in ensuring quality and consumer trust to maintain India’s stand as a leading producer of honey.

The opening session moderated by Mr. Deepak Jolly, Secretary General, IHA focused on making Indian honey future-ready in both global and domestic markets, addressing key aspects such as honey standards, safety, purity, and the overall status of the Indian honey industry. Distinguished speakers shared insights on strengthening standards and the role of research institutions in building a robust honey ecosystem with Mr. Narayanan Renganathan, Chairperson, IHA, providing industry perspectives on challenges and collaborative solutions. Dr. Samuel Godefroy, Former Vice Chairperson, FAO/CODEX Alimentarius, joining virtually, discussed the importance of scientific evaluation in regulatory decision-making. Speaking about the ongoing issue of HMF in honey, he called it a quality parameter and mentioned about the risk assessment study underway on HMF in honey.

The panel discussion focused on Harmonization to Ensure Quality, Safety through Standards & Testing and addressed critical challenges such as the lack of standardized testing protocols, the need for strong regulatory frameworks, and the urgency to debunk myths about honey through scientific validation. Eminent scientists and experts, shared insights on honey standardization, safety, and sustainability, while industry leaders Mansoor Ali, Vice Chairperson, IHA and Amit Gupta provided perspectives on strengthening the honey supply chain and expanding market opportunities. Mr. Ed George, Global Key Opinion Leader joined virtually from USA to present and elaborate on latest advancements in honey testing technology aimed at addressing emerging challenges.

Key recommendations emerging from the seminar focused on conducting scientific studies on Indian honey for revising standards and thresholds in certain parameters to improve quality benchmarks, regulator compliance, focusing on consumer awareness, developing advanced training systems for beekeepers to enhance productivity, sustainability and innovation in beekeeping practices. Experts collectively stressed that maintaining the purity and authenticity of honey requires a collaborative effort from policymakers, researchers, and industry players.

Summarizing the discussion, Mr. Narayanan Renganathan, Chairperson, IHA, emphasized that ensuring trust in honey quality is a shared responsibility across the entire ecosystem. He reiterated that sustained collaboration, research-driven policies, and consumer awareness are essential for establishing India as a benchmark for high-quality, sustainable honey production.

Hyderabad, February 1, 2025: Amrita Vishwa Vidyapeetham, Kochi Campus, is set to host a three-day international conference titled “Synergizing Eco Interventions for Achieving SDGs” from March 5 to 7, 2025, at the serene Kochi Brahmasthanam campus. Organized by the Departments of Commerce and Management and Visual Media and Communication, the event aims to explore innovative pathways toward achieving Sustainable Development Goals (SDGs) through eco-friendly interventions and collaborative approaches.

Abstract submissions has started from January and will remain open till on February 10, 2025.

The conference will feature dynamic panel discussions, interactive workshops, and hands-on training sessions, covering themes such as climate action, biodiversity conservation, green technology innovations, and circular economy. Renowned experts, including Dr. Harsha Bhargavi (Ministry of Culture, Government of India), Dr. Erik Bean (Indiana Tech University, USA), and Dr. Nirmalya Mukherjee (Centre for Public Health Research), will lead discussions on critical topics like green commerce, media’s role in SDGs, and AI for sustainability.

Participants will get an opportunity to engage in creative competitions, including poster design, short films, and photography, celebrating innovation in environmental advocacy. Workshops on eco-product creation, AI tools for sustainability, and organic farming further enriched the hands-on learning experience.

The evening of 27th Vasantotsav 2025 will witness an enthralling performance by Kathak danseuse Shinjini Kulkarni on February 4, 2025 at Kamani Auditorium, New Delhi, where she will enlighten the stage with her performance Kasturi- The Eternal Search.

Inspired by the allegory of Kasturi Mrig, the musk deer, that roams the vast forests in search of an intoxicating fragrance that emanates from within, her performance delves into the exploration of the eternal search, the illusion of seeking outside what already resides within.

Event Details

Name of the event: Kathak virtuoso Shinjini Kulkarni to Illuminate the Stage with a pulsating recital Kasturi – The Eternal Search at 27th Vasantotsav 2025

Artist Name: Shinjini kulkarni
Date: Tuesday, February 4, 2025
Time: 6:00 PM
Venue: Kamani Auditorium, Mandi House, New Delhi

The Artist dedication and passion has always garnered the audience’s affection and blessings with her powerful performances that are a unique amalgamation of creative approaches and skilled style. As the part of Vasantotsav 2025, an annual prastuti of Kalashram by Pt. Birju Maharaj ji, Kulkarni’s solo recital will not just exhibit the finesse of Kathak but also invite the audience to mirror the journey of self-discovery, revealing that the fragrance we seek is not in the world around us, but in the essence of our own being.