Anticipating the Union Budget 2025

As the Union Budget 2025 approaches, sectors across the board are eager for growth, innovation, and resilience. The travel and tourism industry, in particular, has high hopes for infrastructural development, enhanced connectivity, and tax reductions.

Modernization and Infrastructure Development

Umesh Chowdhary, VC & MD of Titagarh Rail Systems Ltd., emphasizes the need for modernization in rolling stock, urban mobility, and infrastructure. He anticipates a strong push towards the "Make in India" initiative, aiming to bolster domestic manufacturing and exports.

Support for the Automotive and Allied Sectors

Dr. Raghupati Singhania of JK Tyre & Industries Ltd. highlights the importance of policies that support the young, mobile, and tech-savvy population. He stresses the need for a budget that focuses on infrastructure, sustainable mobility, and industrial competitiveness to propel India's growth.

Recognition and Support for the Hospitality Sector

Akash Agarwal, Owner of Rajasthali Resort & Spa, calls for the recognition of the hospitality sector as an industry. He advocates for financial support, GST credits for hotel construction, and a robust international campaign under the Incredible India initiative.

Affordable Airfare and Sports Tourism

Radhika Khanijo of Welgrow Travel anticipates a surge in international travel and seeks affordable airfare. She also suggests investing in sports facilities to boost outbound sports tourism.

Sustainability and Training in Hospitality

Vishal Vincent Tony of Ayatana Hospitality looks forward to a budget that supports tourism and sustainability. He hopes for lower taxes, better connectivity, and training programs for hospitality staff to enhance guest experiences.