We at Virgio are excited to see an emphasis on innovation, sustainability, and inclusive growth as the Union Budget FY25–26 draws near. These factors are crucial for determining the direction of India’s entrepreneurial ecosystem going forward. We are still hopeful that the government will keep creating an atmosphere in which companies like ours may make a substantial contribution to the country’s environmental and economic objectives.
Initiatives that improve access to reasonably priced logistics, strong digital infrastructure, and efficient cross-border trade are what we think will help D2C start-ups achieve global scaling. It would be extremely beneficial to increase tax incentives, streamline compliance procedures, and launch funding programs to promote sustainability and technological innovation. It would be revolutionary if specific actions were taken to increase credit accessibility, promote digitization, and lower operating costs overall. Long-term economic growth can be further stimulated by promoting partnerships between MSMEs and larger enterprises.
Regarding sustainability, we anticipate policies that encourage investments in renewable energy, encourage the adoption of green technologies, and assist efforts to create a circular economy. Such actions will guarantee a future that is both ecologically sensitive and economically resilient, in addition to assisting industry in aligning with India’s ambitious climate ambitions.
