Union Budget 2025 Quote | Mr. Pranav Bansal, MD and CEO of Bansal Wire Industries Limited – EQ

Bansal Wire Industries Limited welcomes the initiatives outlined in the Budget 2025, recognizing and appreciating the government’s commitment to empowering MSMEs and enhancing domestic manufacturing. The proposed Rs 10,000 crore funds for MSMEs will significantly bolster the capacity to innovate and scale up the growth of the overall sector. Additionally, the emphasis on mining sector reforms and critical minerals will ensure a sustainable supply chain, further strengthening the industry’s resilience. Furthermore, a collective push through the manufacturing mission to establish India as a hub for small, medium, and large-scale industries will undoubtedly act as a major catalyst for overall economic growth. Adopting Industry 4.0 principles is in line with our vision of strengthening India’s manufacturing ecosystem, helping the nation achieve its goal of becoming a global manufacturing powerhouse.