Budget 2026 Quote: Shashank Noronha, Founder of TABBSZ

“The Budget clearly positions MSMEs, startups, and domestic manufacturing at the centre of India’s next growth phase. Measures such as the ₹10,000 crore MSME Growth Fund, stronger receivables financing through TReDS, faster export clearances, and greater flexibility for manufacturers collectively improve liquidity and reduce friction across supply chains. Coupled with structural reforms, infrastructure support, these initiatives strengthen the ecosystem, enabling Indian businesses to compete globally while scaling sustainably. For FMCG brands, better access to capital and a more efficient manufacturing landscape allow companies to grow without relying on plastic-heavy or inefficient models. As cost structures improve and supply chains strengthen, Indian consumers are increasingly choosing products that deliver value with lower environmental impact. Sustainability is no longer a niche preference but it is becoming integral to how FMCG is manufactured, priced, and adopted across urban and Tier-2 markets.”
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Disclaimer: The views expressed in this feature article are of the author. This is not meant to be an advisory to purchase or invest in products, services or solutions of a particular type or, those promoted and sold by a particular company, their legal subsidiary in India or their channel partners. No warranty or any other liability is either expressed or implied.
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