Pre-Budget Quote: Vijai Subrmaniam, Chairman & Co-Founder, Royaloak Furniture

“The upcoming Union Budget comes at a time when the Indian furniture industry is entering a decisive quality reset with the enforcement of BIS norms (Bureau of Indian Standards). For organised players who have invested in structured sourcing, compliance, and long-term brand trust, this shift is both necessary and overdue.
BIS certification will help create a level playing field by ensuring that only products meeting defined quality and safety standards are allowed to enter the Indian market, whether manufactured locally or imported. However, what we as the industry will closely watch for in the Budget is how policy and duty structures align with this objective, particularly in discouraging low-quality imports that bypass standards while supporting serious players committed to compliance.
If implemented consistently, the BIS framework can strengthen consumer confidence, formalise the sector, and push India’s furniture industry closer to global benchmarks. The Budget has an opportunity to reinforce this transition by aligning trade and tax policy with the government’s broader focus on quality-led growth and responsible imports.”
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