Budget quote from Hemant Sapra, President, Global Sales & Marketing, KARAM, on manufacturing & MSME industry

KARAM Safety welcomes the Union Budget 2025, which brings a strong focus on the MSME and manufacturing sectors. The enhancement of investment and turnover limits for MSMEs by 2.5 times and the National Manufacturing Mission will provide much-needed policy support, enabling businesses to scale and adopt clean technologies.

The proposed Export Promotion Mission and increased classification limits for MSMEs will further strengthen India’s position in global supply chains. Additionally, tax relief measures, including the nil tax slab up to ₹12 lakh, will boost consumption and investment, indirectly benefiting industrial growth. We look forward to leveraging these reforms to drive innovation, expansion, and export competitiveness in the safety equipment industry