With Union Budget 2025 approaching, ExportersIndia.com has outlined key expectations to accelerate retail sector growth, emphasizing tax incentives, digital transformation, and export promotion.
“Budget 2024, with its focus on digitisation, MSME incentives, and ease of doing business initiatives, has laid the foundation for a revolution in the retail sector. As Budget 2025 approaches, we look forward to further measures to build on this momentum,” the company stated.
ExportersIndia.com is advocating for reducing GST rates on essential items, promoting retail exports, and encouraging AI and IoT adoption to enhance supply chain efficiency. Additionally, the company stressed the need for low-interest credit facilities and tax incentives to support small and medium-sized retailers.
“These reforms will not only benefit businesses like ours but also empower countless retailers to scale their operations globally,” the company noted.
The retail industry is now looking toward the Union Budget 2025 for policies that strengthen domestic businesses, enhance global competitiveness, and drive digital innovation in the sector.