New Delhi:
Indian corporate companies are optimistic about the growth rate of the economy and are expecting the government that the Capital Expected (Capital Expenditure-CAPEX) will be given priority in the general budget 2025-26 (Union Budget 2025-26). This information has been revealed in the survey released by the Federation of Indian Chambers of Commerce and Industry 2025.
Companies expect 6.5% to 6.9% GDP growth
According to FICCI’s Pre-Budget Survey 2025, 64 percent of the companies before the Union Budget are optimistic about India’s GDP growth rate (GDP growth rate of India). 60 percent of the companies participating in the survey estimates that GDP growth (GDP growth) can be between 6.5 and 6.9 percent in FY 2025-26.
Expect 15% increase in capital expenditure
In the survey, 68 percent of the companies described the Capex Increase to maintain the Economic Growth Rate. Industry members hope that capital expenditure allocation for FY 2025-26 will increase by at least 15 percent.
Demand for improvement in business and policy change
More than half of the companies participating in the survey believe that more emphasis should be laid on reforms to increase the Is of Doing Business. In this, there is a need for improvements in areas such as Land Acquisition, Labor Laws, Power Supply.
47 percent of the participants in the survey believe that the government will meet the target of fiscal deficit of 4.9 percent for FY 2024-25. At the same time, 24 percent of the participants said that the government can perform better than the target and report a low fiscal deficit for the current year.
Demand for change in direct tax structure
The industry has demanded a review of direct tax structure. If the income tax slab change is changed, then people will have more money, which will increase consumer and will strengthen the market.
More than 150 companies gave feedback
FICCI’s pre-budget 2025-26 survey (FICCI Pre-Budget Survey 2025) was done from the end of December 2024 to mid-January 2025. The survey included reactions from more than 150 companies from various sectors, which gave comprehensive information about the feelings of the Indian Industry.