Rahul Garg shared his insights on Budget 2025, highlighting the immense potential of semiconductors, sustainable manufacturing, and automation in driving India’s trillion-dollar economy vision. He emphasized that these sectors are vital for industrial growth and offer exciting opportunities for startups to lead in innovation and technology. As India strengthens its global position, focusing on these areas will transform manufacturing, boost economic growth, and position the country as a leader in the global supply chain ecosystem. 

“Dedicated funding pools, tax incentives for investors, and streamlined implementation frameworks are crucial to achieving this vision,” said Garg. 

Credlix partners with the Federation of Indian Export Organisations (FIEO) through a landmark Memorandum of Understanding (MoU) to empower Indian exporters with smarter financial tools and seamless logistics. This collaboration aims to simplify international trade for Indian businesses by offering access to cutting-edge supply chain financing solutions, enhanced logistical capabilities, and essential support systems. By bridging financial gaps and reducing operational complexities, Credlix and FIEO plans to enable Indian exporters to scale globally, improve cash flow efficiency, and strengthen their competitiveness in international markets. 

India is witnessing a defining moment in the global supply chain landscape, as shifts driven by geopolitical dynamics, sustainability imperatives, and rapid technological innovation redefine how the world manufactures and moves goods. In a feature for Manufacturing Today, Rahul Garg shares his views on how these global trends are opening up a powerful window of opportunity for India. With its expanding industrial base, skilled workforce, and growing digital infrastructure, India is well-positioned to emerge as a central player in the global supply chain ecosystem—driving resilience, innovation, and long-term competitiveness. 

Moglix partners with the Department for Promotion of Industry and Internal Trade (DPIIT) to empower over 25 growth-stage manufacturing startups across key sectors such as chemicals, automotive, infrastructure, and green energy. Through this collaboration, Moglix aims to enable these startups with access to capital, industry partnerships, and critical resources, helping them innovate and build globally competitive products while contributing to India’s vision of becoming a self-reliant and future-ready manufacturing powerhouse. 

Business-to-business (B2B) e-commerce unicorn Moglix has acquired Uttarakhand-based Khatema Fibres Ltd, a manufacturer of eco-friendly paper products, for approximately ₹80 crore, as part of its strategy to bolster its sustainable packaging portfolio and cement its leadership in the industrial procurement space.

Sandeep Goel, in an exclusive for YourStory, shared his insights on the evolution of job roles in response to technological advancements. He highlighted how traditional roles are transforming from reactive to proactive, driven by innovations like AI, IoT, and data analytics. According to Goel, technology is not only automating processes but also empowering professionals to make data-driven decisions, thereby adding more strategic value to their roles. As industries continue to evolve, Goel believes that embracing these technological shifts will be key to fostering a more dynamic and future-ready workforce. 

The removal of angel tax is a welcome move for India’s startup ecosystem. This, coupled with the establishment of a Rs 10 billion VC fund for the space economy, will foster innovation. The budget’s focus on manufacturing, with the introduction of plug-and-play industrial parks, is progressive. MSMEs will benefit significantly from the credit guarantee scheme, new assessment models by PSU banks, and increased Mudra loan limits. 

Leveraging India’s strong economic growth and fiscal responsibility, has the potential to serve as a catalyst for innovation in AI, deep technology, and manufacturing. Increased R&D funding for AI, combined with clear ethical guidelines, is critical to establishing global leadership in this transformative field. 

Reducing the TDS rate for e-commerce operators from 1% to 0.1% was a necessary step. This change will benefit vendors on platforms like Flipkart, Amazon, Swiggy, and Zomato by freeing up working capital. This proactive measure will financially support e-commerce companies, enabling innovation and growth. 

The removal of angel tax is a welcome move for India’s startup ecosystem. This, coupled with the establishment of a ₹1,000 crore VC fund for the space economy, will foster innovation. The budget’s focus on manufacturing, with the introduction of plug-and-play industrial parks, is progressive. MSMEs will benefit significantly from the credit guarantee scheme, new assessment models by PSU banks, and increased Mudra loan limits.