NEW DELHI: India’s Budget 2025 reinforces its commitment to infrastructure-led growth, emphasising public-private partnerships (PPP) and global investment.
Key measures include Rs1.5 lakh crore in 50-year interest-free loans to states and a Rs10 lakh crore asset monetisation plan for 2025-30, aiming to unlock fresh capital for new projects.
Finance Minister Nirmala Sitharaman, in her speech on Budget 2025, also announced a record Rs11.21 lakh crore capital outlay for infrastructure development. The budget includes substantial support for AI, tourism, and railways, positioning India for sustained economic expansion.
Industry leaders lauded Budget 2025 for the government’s push. Rasmi Ranjan Ray, CEO of SUEZ India, termed the budget “transformative,” while IRB Infrastructure CMD Virendra D Mhaiskar highlighted the massive asset monetisation drive as a catalyst for private sector participation. BK Goenka, Chairman of Welspun World, praised the focus on streamlining duties, easing capital goods imports, and supporting MSMEs.
Kavita Shirvaikar, MD of Patel Engineering, emphasised the budget’s strong push for the PPP model, positioning it to fast-track infrastructure projects and drive sustainable growth.
All praise from business leaders
Indrajit Mookerjee, Vice Chairman of Texmaco, pointed to increased railway capital expenditure as a game-changer for connectivity and freight efficiency.
Mohammad Athar of PwC India highlighted the focus on tourism infrastructure, which is expected to create jobs and spur regional growth.
Meanwhile, Gurmit Singh Arora of the Indian Plumbing Association noted that the Jal Jeevan Mission’s expansion would boost the plumbing sector.
Other initiatives announced in the Budget 2025, including Bharat Trade Net for seamless trade documentation and a Rs25,000 crore Maritime Development Fund for shipbuilding and port infrastructure, reinforce India’s vision for a modern, competitive economy.
Experts see the structured PPP pipeline and PM Gati Shakti integration as key enablers of investment and execution.
