logo
close icon

Voices Before the Verdict: Pre-Budget Quotes from India | CXO Today

Dinesh Gulati, COO, IndiaMART Intermesh Limited “Given the share of MSME-specified products in exports stood at 45% last year, we expect the upcoming budget to prioritize their needs and provide opportunities for their growth and sustainability. Access to finance remains a major hurdle. While credit facilitation initiatives and monitoring delayed payments have provided relief, a dedicated banking policy for easy credit access and speedy disbursement, along with increasing funding for MSME loans and credit guarantees, is necessary. We expect the budget to streamline the tax structure to improve operational efficiency. Additionally, we hope the tax reductions can be extended to Limited Liability Partnerships (LLPs) and Partnership Firms in line with Private Limited Firms. Digitalisation is vital for integrating unregistered MSMEs, supported by platforms like UDYAM and eShram. Investment in cloud-based technologies, AI, ML, and conversational commerce can drive this transformation further. With only 6% of MSMEs selling online, government subsidies for technology adoption can significantly increase online commerce participation. Apart from this, enhancing allocations for skill development and vocational training, enhancing infrastructure support for e-commerce and logistics, will help MSMEs scale, upgrade their businesses, and contribute to job creation and economic growth”

Online Coverage: CXO today

Latest Posts

A new dawn for dreams: IndiaMART’s efforts in Sahabapur...

Posted on June 10, 2025

Somewhere in the streets of Fakharpur in the Bahraich district, a change unfolded in the walls of the Upper Primary School. The school, once lacking...

Read More

Kaam Yahin Banta Hai: Building Trust, One Bet at...

Posted on May 28, 2025

In the vast and dynamic world of B2B commerce, trust, selection, and value are paramount. India’s leading online B2B marketplace, IndiaMART, is once again reinforcing...

Read More

Leaving No Dreams Behind: IndiaMART Transforms Sadat Inter College

Posted on May 21, 2025

In the quiet town of Nanpara in the Bahraich district, a remarkable transformation is taking place at Sadat Inter College. Established in 1937, this institution...

Read More