Budget 2025: Strengthening India’s Supply Chain & Retail Tech Landscape

The Union Budget 2025 introduces strategic reforms aimed at bolstering India’s maritime sector and retail ecosystem. Leo Peter Charles, Founder & Managing Director of Jane Solutions, highlights the significant boost to domestic shipbuilding, which will enhance supply chain efficiency, reduce dependency on foreign vessels, and lower logistics costs. These improvements are particularly beneficial for fisheries and agri-export industries, reinforcing India's global trade competitiveness. In the retail tech sector, Harsh Talwar, CEO of Cashforphone, welcomes the budget’s startup-friendly initiatives, including extended incorporation periods, increased financial support, and tax simplifications. The reduction in import duties on key minerals is expected to propel growth in sustainable industries like electronics recycling and refurbished mobile markets. With these policy measures, India moves closer to a technology-driven, efficient, and sustainable supply chain and retail environment, fostering innovation and economic growth.