“The Union Budget 2025-26 reaffirms India’s commitment to fostering innovation, entrepreneurship, and economic inclusivity, laying a strong foundation for startups and consumer-driven industries. The increase in credit guarantee cover, extended tax benefits, and fresh Fund of Funds investment will provide much-needed momentum for startups and MSMEs, enabling them to scale and drive domestic consumption. Additionally, the National Manufacturing Mission and export promotion measures will bolster India’s position as a global manufacturing hub, aligning with our vision of ‘Make in India, Make for the World.’
A key highlight is the new tax regime aimed at reducing the middle-class tax burden, which is expected to boost disposable income and fuel demand for consumer brands across sectors such as retail, lifestyle, and technology. With a huge jump in Gen Z consumption spends, businesses catering to this dynamic demographic stand to benefit significantly.
Furthermore, streamlined regulations and an improved ease of doing business framework will create a more conducive environment for startups to innovate, expand, and contribute meaningfully to India’s economic growth. This budget paves the way for the next phase of India’s entrepreneurial and industrial transformation.”
Ganesh Sonawane
CEO & Co-Founder
Frido
![Pinterest](https://pinterest.com/pin/create/button/?url=https://www.cxodigitalpulse.com/post-budget-quote-on-innovation-economic-inclusivity-by-ganesh-sonawane-ceo-co-founder-frido/&media=https://www.cxodigitalpulse.com/wp-content/uploads/2025/02/fi-4.jpg&description="The Union Budget 2025-26 reaffirms India’s commitment to fostering innovation, entrepreneurship, and economic inclusivity ...){kind=link}