The Union Budget 2025 has laid a visionary roadmap for India’s journey toward self-reliance, sustainability, and technological leadership. With a strong push for clean energy, manufacturing, R&D, and infrastructure development, industry leaders across sectors have welcomed the government’s initiatives aimed at fostering innovation, strengthening domestic production, and accelerating India’s green transition.
From renewable energy and EV manufacturing to semiconductor advancements and AI-driven solutions, experts believe these budgetary measures will not only reduce import dependence but also position India as a global powerhouse in emerging technologies. Here’s what industry stalwarts have to say about the impact of the budget on their respective domains.
Divyesh Savaliya, Chairman & MD, Onix Renewable Limited
“The Union Budget 2025 has set the stage for the self-reliance-led growth in the country’s renewable energy sector in line with the goal to achieve 500 GW of non-fossil fuel energy by 2030. With a strong emphasis on domestic value addition, the government’s focus on solar PV cells, EV batteries, motors, and controllers will significantly reduce reliance on imports and foster self-sufficiency in critical clean technologies. The introduction of the National Manufacturing Mission to support domestic production of EV batteries and solar panels is a strategic move that will not only enhance India’s manufacturing capabilities but also drive cost efficiencies, supply chain resilience, and global competitiveness.
By encouraging backward integration and technology-driven advancements, these measures will catalyze innovation, attract investments, and create a robust ecosystem for clean tech manufacturing. As India moves towards its net-zero goals, such initiatives will play a crucial role in accelerating renewable energy adoption, ensuring energy security and diversifying the renewable energy portfolio.”
Bharath Aitha, Vice President of Marketing at eInfochips (An Arrow Company)
“The Union Budget 2025-2026 is a forward-looking blueprint that aligns closely with India’s aspirations to become a global technology and innovation powerhouse. We are particularly encouraged by the government’s emphasis on clean tech manufacturing, R&D investments, and skill development, which are critical to driving sustainable growth and technological self-reliance.
The allocation of ₹20,000 crore for private sector-driven R&D and the proposed Deep Tech Fund of Funds are significant steps toward fostering innovation in emerging technologies like semiconductors, AI, and quantum computing. These initiatives, coupled with the focus on green energy and sustainable manufacturing, will not only accelerate India’s transition to a low-carbon economy but also position the country as a leader in global green-tech innovation.
Additionally, the budget’s focus on skilling and digital infrastructure underscores the importance of creating a future-ready workforce, especially in Tier 2 and Tier 3 cities. By bridging the digital divide and empowering underserved sectors through AI and IoT-driven solutions, this budget lays the foundation for inclusive growth and equitable access to opportunities.
At eInfochips, we are excited to contribute to this transformative journey by delivering innovative solutions that align with national priorities and global aspirations. This budget is a testament to India’s commitment to building a resilient, inclusive, and future-ready economy, and we look forward to playing a pivotal role in this evolution.”
Mr Ritesh Goenka, Managing Director of Damson Technologies
“Finance Minister Nirmala Sitharaman’s announcement of the National Manufacturing Mission in the 2025 Union Budget is a commendable step towards strengthening India’s manufacturing sector. By providing policy support and a structured framework, this mission is poised to enhance domestic production and self-reliance, aligning seamlessly with our objectives at Damson Technologies.
The emphasis on Micro, Small, and Medium Enterprises (MSMEs) as pivotal growth engines, responsible for 45% of India’s exports, is particularly encouraging. The introduction of customized credit cards for micro-enterprises and the enhancement of classification limits for MSMEs will undoubtedly facilitate greater financial inclusion and operational expansion.
Damson Technologies is a leading OEM and manufacturer of computer peripherals, accessories, and lifestyle products. Our flagship brand, JUST CORSECA, embodies innovation and quality. With a ₹200 crore investment, our state-of-the-art Ahmedabad facility produces high-quality audio systems and smart accessories, reducing import dependence and meeting domestic demand.
The government’s focus on clean technology manufacturing and attracting investments across various sectors resonates with our vision of integrating advanced innovations, including AI-powered products and app-based controls, into our offerings.
We are optimistic that these budgetary measures will nurture a more robust manufacturing ecosystem, enabling companies like ours to thrive and contribute significantly to India’s economic growth and global competitiveness.”
Mr. Harsh Pareek, Regional Sales Director, India and SAARC, Trimble Solutions
“With ₹1.5 lakh crore allocated as interest-free loans to states for infrastructure development and continued investment in highways, urban transport, and smart cities, the Union Budget 2025 reinforces the government’s commitment to modernizing India’s infrastructure. The emphasis on digitalization and sustainable construction practices is a welcome move that will not only enhance project efficiency but also improve quality and reduce waste. At Trimble, we see immense potential in leveraging AI, automation, and digital twin technologies to support this vision. By integrating advanced construction technologies, we can help India build faster, safer, and more cost-effective infrastructure that stands the test of time.”
Mr. Niranjan Nayak, MD, Delta Electronics India
“The Union Budget 2025-26 lays down a strong foundation for India to transition towards becoming a sustainable, technology-driven, and self-reliant economy. The emphasis of the government on green energy, EV infrastructure, AI-led innovation, and digital transformation closely resonates with Delta’s aim to deliver energy-efficient, smart solutions that power the future.
This would place India on further accelerated net-zero emission paths and spur technological leadership for the country simultaneously. Higher penetration of clean mobility will be facilitated through investments in modernising smart grids and EV charging infrastructure.
Delta is placed to help since it leads the market for an EV charging and power solution. The PLI incentives for R&D and manufacturing under the scheme will further cement India’s position as a world manufacturing hub.
Delta continues to utilize its prowess in industrial automation, power electronics, and smart infrastructure for contribution to the development of India. We are hopeful that together with industry stakeholders and policymakers, these budgetary allocations will take on a shape where the vision is turned into an actual path leading to a sustainable, digitally empowered, and future-ready India.”
