Mr. Swarup Bose, Founder & CEO at Celcius Logistics:
“Food wastage has been a grave concern for the country. The government’s focus to strengthen vegetable production and supply chain through the development of large-scale clusters near major consumption centres is a crucial step in curbing the wastage issue and be self-sufficient. By promoting farmer producer organizations, cooperatives, and startups, the government is nurturing an ecosystem that encourages innovation and collaboration. These steps are crucial for reducing food wastage and improving market access for farmers and new age Agri-startups. Additionally, the commitment to digital public infrastructure for agriculture is a transformative move that will enable better tracking, transparency, and efficiency across the supply chain. These initiatives will optimize cold supply chain logistics, ensuring fresher produce reaches consumers faster and more efficiently. The allocation of Rs 1.52 lakh crore for agriculture and allied sectors will significantly enhance the efficiency and reach for logistics services provider.
The emphasis on infrastructure development and road connectivity will further streamline the supply chain sector’s operations, allowing us to better serve consumption centres. This budgetary aid will help strengthen the cold supply chain ecosystem and connect rural India, where most agricultural foods are produced. Moreover, The government’s infrastructure push will also benefit companies across various sectors, including new-age food companies, quick-service restaurants (QSR), and quick commerce companies. These companies will be able to tap new markets because of the enhanced road connectivity and deliver goods to aspirational Bharat. The improved connectivity will help last mile delivery of temperature sensitive pharma products. More and more temperature sensitive products will be delivered to remotest of the area due to robust infrastructure. This budget reflects a strong commitment to sustainable agricultural growth and efficient logistics management, and we look forward to contributing to these goals.”
“The budget’s initiatives to reduce stamp duty will lower costs for warehouses and other facilities, boosting infrastructure development. Increasing Mudra loan limits from 10 lakhs to 20 lakhs will enhance support for MSMEs, fostering sustainable growth. The setting up of an Integrated Technology Platform to improve the outcome under the Insolvency and Bankruptcy Code (IBC) will facilitate the recovery of outstanding for operational creditors too. Furthermore, discouraging excessive speculation activity in the stock market will redirect energies towards other economic activities, contributing to a more sustainable growth of the economy.”
