Union Budget 2025 Quote | Mr. Deepak Sharma, Zone President- Greater India and MD & CEO of Schneider Electric – EQ
The Union Budget 2025 marks a pivotal moment for India, laying the foundation for a truly ‘Viksit Bharat.’ The National Manufacturing Mission, focused on cleantech and ‘Make in India for the World,’ holds immense potential to transform our manufacturing landscape.
The budget also recognizes the critical role of agriculture in India’s growth story. Initiatives like the PM Dhandhanya Krishi Yojana, benefiting an impressive 1.7 crore farmers, alongside increased Kisan Credit Card limits and investments in vital agricultural infrastructure, demonstrate a strong commitment to this sector. Recognizing that agriculture significantly contributes to our GDP and employs over 40% of our workforce, these measures are crucial for ensuring food security, improving farmer livelihoods, and driving rural prosperity.
The government’s commitment to infrastructure is evident, emphasizing outcome-driven projects and the Urban Challenge Fund addressing critical needs like airport connectivity and clean water access. I particularly applaud the focus on modernizing the power grid and scaling renewables through robust PPP models. This is crucial for a sustainable energy future.
Skill development is paramount for India to thrive in the Fourth Industrial Revolution. The establishment of national centers of excellence will empower our workforce with the skills needed for the future economy.
At Schneider Electric, we are excited by these developments. We will leverage our expertise in digitalization, automation, and sustainability to support India’s journey. We will collaborate with the government and industry to accelerate the adoption of clean energy solutions, enhance grid resilience, and build a truly sustainable and inclusive future. Through our brand, Lauritz Knudsen Electrical & Automation, we are excited to proliferate technological advancements within the agriculture sector and make the best use of the initiatives announced today.
