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Date: 29/01/2025

BUDGET 2025 EXPECTATION

‘We expect continued thrust on capital expenditure for physical and digital infrastructure and emphasis on port infrastructure development’
 
‘’Integrating India further into the global value chain and building a globally competitive and robust logistics ecosystem are key to drive sustained economic growth and realising the vision of ‘Atmanirbhar Bharat’. We expect continued thrust on capital expenditure for physical and digital infrastructure and emphasis on port infrastructure development for attaining 10,000 MTPA port capacity by 2047. Continued investment to enhance transport connectivity, rail corridors, incentives for adoption of EV trucks and fiscal benefits for developing EV infrastructure will foster sustainable multimodal connectivity. 
 
To enhance EXIM trade, we expect the Budget to outline policies to leverage existing assets and infrastructure in and around ports. For instance, opening up handling of air cargo by CFS-ICDs, exempting any service such as storage handling of containerised agri products from the purview of GST. Continuing export promotion incentives and facilitating the development of export hubs will further strengthen Indian manufacturing to be globally competitive and attract investments which will boost Indian exports.’’

 



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