The budget has set the roadmap for long-term economic growth by catalysing consumption, manufacturing as well as infrastructure development. Budget proposals to strengthen ease of doing business and relax regulatory reforms will further improve the investment prospect and boost private investments in logistics as well as other sectors. Additionally, the announcement of a Rs 25,000 crore Maritime Development Fund for long-term financing in the maritime industry, with up to 49 per cent government contribution and the remainder mobilized from ports and private sector, is a welcome step toward promoting competition and distributed support. Making PM Gati Shakti data accessible to private players is an excellent move which will drive superior project planning and execution synergy. In addition, by fostering an ecosystem for new-age innovation through AI and deep tech, the budget will usher the next phase of efficiency, resilience and capacity utilisation for the logistics industry.
