“We laud 6 steps government’s focus on the local manufacturing ecosystem for assisting the mobility ecosystem and empowering the middle-class purchasing power.  It’s encouraging to see the government’s effort in promoting green mobility by incentivizing local EV component manufacturing.

With more disposable income in the hands of consumers—particularly the middle class—purchasing power is set to rise, which will naturally accelerate the shift toward sustainable mobility.

With enhanced credit guarantee cover for MSMEs and startups, particularly in focus sectors crucial for Atmanirbhar Bharat, the budget lays a strong foundation for sustained growth and economic resilience.”