Post Budget quote on FMCG & Retail Innovation by Mr. Shashank Noronha, Founder of TABBSZ

“The Union Budget 2025-26 gives a significant boost to the FMCG and retail sector, especially for startups focused on sustainability and innovation. The ₹10,000 crore Fund of Funds for startups in the D2C and retail sector emphasize the government’s focus on supporting emerging businesses, with funding aimed at innovation, R&D, and manufacturing.

The change in income tax slabs, which now ensures no tax for incomes up to ₹12 lakh, will help increase disposable income. With consumers having more money to spend, household consumption is expected to rise, benefiting the FMCG and retail sectors. Additionally, the ₹1.5 lakh crore allocated for interest-free loans to states for infrastructure will improve logistics and supply chains, making the retail sector more efficient. By making it easier to access capital, creating more jobs, and boosting consumer confidence, this budget sets the stage for long-term industry growth, supporting both economic progress and sustainability.”

Shashank Noronha
Founder
TABBSZ

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