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Below the Quote on Budget 2025 by Ms. Amisha Vora, Chairperson and Managing Director, PL Capital

“The Budget was a bold and decisive one to spur economic growth by reviving consumption. With no income tax on income up to 12 lakh, the Budget has ensured that the middle class has more disposable income in its hands. This is positive for sectors like consumer durables, travel, tourism, auto, jewellery, delivery, and ecommerce. The moderate growth in capital expenditure over revised estimates is still good. Increasing capex in data centers, PLI-led capex, PSU capex, and state-level capex will collectively drive robust growth in the manufacturing sector. At a macro level, India remains one of the world's fastest growing economies. In 2025, investors will make money, albeit at a slower pace. Right stock picking will be key to creating wealth. While other factors like Trump's policy moves, Fed's interest rate decisions and ensuing currency outlook will be important determinant of market moves, I believe Union Budget 2025 has done its job well.”

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