2025-02-03 09:33:48 am | Source: PaySprint
Post budget Quote 2025 on Retail & fashion Industry by S Anand, Founder and CEO of PaySprint, a fintech venture
Below the Post budget Quote 2025 on Retail & fashion Industry by S Anand, Founder and CEO of PaySprint, a fintech venture
The Union Budget 2025 brings a wealth of opportunities for the fashion and retail sector, and we at Fashor are excited about the potential it holds. The government's emphasis on digital infrastructure and MSME support will significantly benefit us as we continue to scale our operations. With over 10 lakh loyal customers and plans for 100 exclusive brand outlets across India, the budget’s measures to simplify tax filing, extend the TCS threshold for remittances, and enhance ease of doing business will allow Fashor to expand seamlessly across both digital and physical platforms.
The focus on women’s empowerment and entrepreneurship is also incredibly aligned with our mission. As a brand that champions affordable fashion for women, we are thrilled by the government’s initiatives to support female-led businesses, which will enable us to further empower women within our organization and customer base. Moreover, the budget’s attention to sustainable manufacturing and support for 'Make in India' will have a direct impact on the retail and fashion industries. With reduced customs duties on key raw materials and a focus on clean tech manufacturing, Fashor can strengthen its supply chain and produce responsibly sourced fashion at scale. This will allow us to meet the growing demand for stylish, high-quality products while supporting the government’s green initiatives. The government's support for export promotion, including the development of digital infrastructure for international trade, opens up exciting new opportunities for Fashor to expand globally.
The focus on women’s empowerment and entrepreneurship is also incredibly aligned with our mission. As a brand that champions affordable fashion for women, we are thrilled by the government’s initiatives to support female-led businesses, which will enable us to further empower women within our organization and customer base. Moreover, the budget’s attention to sustainable manufacturing and support for 'Make in India' will have a direct impact on the retail and fashion industries. With reduced customs duties on key raw materials and a focus on clean tech manufacturing, Fashor can strengthen its supply chain and produce responsibly sourced fashion at scale. This will allow us to meet the growing demand for stylish, high-quality products while supporting the government’s green initiatives. The government's support for export promotion, including the development of digital infrastructure for international trade, opens up exciting new opportunities for Fashor to expand globally.
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