New Delhi, January 25, 2025: Indian venture capitalists are urging the government to allocate sector-specific funds and provide enhanced support through the Alternative Investment Fund (AIF) for non-tech MSMEs in the 2025 budget. These businesses, which are crucial to the economy, face challenges in accessing capital compared to their tech counterparts.
Venture capitalists are also advocating for tax breaks to stimulate growth and attract investment in the sector. They argue that such measures would foster innovation, strengthen supply chains, and create new jobs, contributing to India’s economic growth and long-term prosperity. The call for a more inclusive financial ecosystem for MSMEs is seen as key to the country’s economic recovery.
