Gregory Goba Ble, Head of UPS India and Director of MOVIN Express
“As we reflect on the Union Budget 2025, I am encouraged by the government’s robust commitment to empowering our Micro, Small and Medium Enterprises (MSMEs), which are vital to India’s economic growth and global manufacturing ambitions. The remarkable transformation of India Post into a major public logistics organisation stands as a testament to this commitment. This shift, coupled with robust contributions from the private sector, will effectively address the diverse business needs of Vishwakarmas, MSMEs, women entrepreneurs, and self-help groups across the nation.
The budget’s enhancements in credit guarantees and increased investment limits for MSMEs represent a lifeline for small and medium enterprises striving to scale up and create jobs. With over 5.7 crore MSMEs at the heart of our economy, these initiatives will unleash their potential, driving innovation and fostering a vibrant entrepreneurial ecosystem. The government has consistently focused on supporting MSMEs, and this Budget has not disappointed.
Furthermore, the emphasis on technological upgrades and the introduction of customised credit cards for micro-enterprises are game-changing strategies that will elevate efficiency and competitiveness. By empowering these businesses with the necessary tools and resources, we can anticipate a wave of entrepreneurial spirit that will invigorate our economy.
The Budget’s focus on reducing logistics costs, enhancing skill development and promoting green logistics through advanced electric vehicle infrastructure is not merely a response to current challenges but a bold step towards sustainability and innovation. These measures will not only fortify India’s logistics capabilities but also position our nation as a strategic hub for global trade, enabling us to compete fiercely on the international stage.
In essence, the Union Budget 2025 lays a formidable foundation for a resilient and dynamic logistics and MSME ecosystem, championing growth, inclusivity and sustainability. The collaborative efforts between the public and private sectors will be instrumental in realising these ambitious goals, ensuring a prosperous future for all.”