New Delhi, February 1, 2025: The PHD Chamber of Commerce and Industry (PHDCCI) is optimistic about the Union Budget 2025, hoping it will emphasize the development of MSMEs, offer tax relief to the middle class, and encourage technological advancements. The chamber highlighted these areas as essential for driving sustainable economic growth and innovation.
PHDCCI President Saket Dalmia expects fiscal measures to strengthen the competitiveness of MSMEs while fostering innovation. He also stressed the importance of easing the financial burden on the middle class and promoting investments in emerging technologies to enhance India’s global tech standing. The chamber views these steps as critical for ensuring long-term economic resilience and development.