Pune: “We need focused efforts on ease of doing business and making India self-reliant to keep up with the growing business endeavors. We are hoping that reforms like the Production Linked Incentive (PLI) scheme will showcase the government’s intent to provide domestic manufacturers with incentives while elevating India’s position as a manufacturing hub. There should be a focus on reforms to encourage consumption and increase consumer demand. Further, the efforts of the government to provide electricity to all and also to increase digitization with 5G, we are hopeful that the industry will have positive outcomes in the coming fiscal year. The small appliances industry hopes to have more product subsidies and reduction in taxes from this budget.”
