Budget 2025 Expectations| Govt should continue investments in advanced water infrastructure & smart urban facilities, says Finolex MD Saurabh Dhanorkar

Finance Minister Nirmala Sitharaman will present the 8th consecutive Union Budget on February 1, 2025. Reports suggest that the government is mulling over cutting income tax for those who are earning up to Rs 15 lakh a year in February's budget, in turn providing relief to the middle class.

The infrastructure sector has pinned high hopes on the Union Budget FY 2025-26 documents and is keeping its fingers crossed regarding their expectations from the government's most important financial document of the year.

Here's what Saurabh Dhanorkar, Managing Director, Finolex Industries Limited has to say--

"Infrastructure is the backbone of our economy, and with India’s infrastructural transformation at a critical juncture, the Union Budget 2025-26 presents an opportunity to drive sustainable growth by focusing on urban development and modernization. Enhanced allocations for affordable housing under the Pradhan Mantri Awas Yojana will significantly boost urban housing projects, increasing the demand for reliable plumbing infrastructure and durable PVC pipes and fittings.

Strengthening initiatives like Har Ghar Jal will play a pivotal role in ensuring every household has a functional tap connection, delivering safe and adequate drinking water.

Investments in advanced water infrastructure and smart urban facilities are essential to building a future-ready ecosystem that supports growth in multiple sectors.

While efficient irrigation systems remain vital for agricultural progress, urban infrastructure advancements hold immense potential to unlock substantial opportunities for industries.

At Finolex Industries, we are committed to contributing to the nation’s vision of building resilient, modern, and sustainable infrastructure that meets the needs of both urban and rural communities.”