Siliconindia

"National Logistics Policy has been a landmark development in mobilizing the power of digitization to improve the state of logistics in the country. The budget will most likely be aligned to augment it through concerted efforts."

"Budget 2023-24 would probably be the most challenging one that Finance Minister Nirmala Sitharaman would be tabling on February 1, 2023. I think that this year's budget should give digital infrastructure and skills a high priority."

"Electric Vehicle adoption is at an inflection point in India. While the commercial/logistics sector has seen a good adoption, the individual vehicle owner is still on the fence. If the budget addresses issues such as the high initial cost of ownership through incentivizing individual vehicle owners EV adoption will see a boost."

"In addition to calling for a #MakeinIndia circular economy, the prime minister correctly highlighted that India needs to create energy security self-reliance. The circular economy of battery raw materials will improve India's manufacturing and energy security by leaps and bounds."

"The Prime Minister has rightly acknowledged that India needs to develop self-reliance in energy security and called for a #MakeinIndia circular economy. A circular economy of battery raw materials will boost India’s energy security and uplift domestic manufacturing."

"In 2023, we expect the government to extend the scope of several incentive schemes; such as, Specs, PLI, and DLI schemes or introduce new schemes to boost IP and product design, manufacturing and generate new employment opportunities for the semiconductor industry in India."

"The government has taken some extensive initiative in skill development and has catered to STEM education macros. However, I would recommend focusing on micro factors as well, like reducing excise duty on lab equipment used in education, and also focusing on reducing GST on kits that are made in India."

"I am advocating for a budget dedicated towards programmes and resources that will help our students & teachers receive extra support and opportunities to succeed."

"The Indian government is committed to promoting economic growth and development, and this focus has continued since the pandemic. We hope to see a budget that outlines a plan for increasing economic growth along with more investment in infrastructure and incentives for corporate capital expenditure."

"In line with the government’s view for sustainable mobility, India’s EV ecosystem is growing rapidly. The EV market is expected to grow at a CAGR of 49 percent during 2022-2030 and hit 10 million-unit annual sales by 2030."

"With the impetus on Atmanirbhar Bharat and the chemical industry stepping up to this clarion call, the upcoming budget is a good opportunity to iron out inverted duty structures that hinder the competitiveness of the Indian chemical industry."

"Housing is a basic need for every citizen of the country and appropriate measures in the right direction can help us address this sooner than later."

"Despite recent global headwinds, we have seen consistent growth in the technology sector. "

"With the rise of new-age technologies such as artificial intelligence and the proliferation of internet access all across India, it is an opportune time for "

"Real estate, especially the residential segment, has bounced and is playing a significant role in bringing momentum to the economy. Government should reconsider the loss set-off limit under the income tax head house property. "