The Union Budget 2025 brings a wave of positive changes that will fuel economic growth, especially with its focus on the middle class and domestic manufacturing. The decision to exempt individuals earning up to ?12 lakh from income tax, coupled with an increased standard deduction, will enhance disposable income and drive consumer spending—key drivers for the amusement and entertainment industries.
I am particularly excited about the government's vision to make India a global hub for toy manufacturing. With policy support to strengthen domestic production and reduce reliance on imports, we can look forward to fostering innovation, creating jobs, and delivering high-quality, homegrown products that cater to both domestic and international markets.
These reforms, combined with continued investments in infrastructure and ease of doing business, will greatly benefit the amusement and toy sectors. We are poised for a period of growth, and I look forward to contributing to this dynamic shift as we build a self-reliant, thriving entertainment ecosystem in India.