Union Budget 2025 Reactions | 'Focused on expanding production, localizing supply chains,' says Anuj Sawhney, MD at Swiss Military Consumer Goods Ltd

'As India moves forward with the National Manufacturing Mission — offering policy support, execution, and a strong governance framework — we are focused on expanding production, localizing supply chains, and bringing more key product development processes to India this year,' he said.

Finance Minister Nirmala Sitharaman tabled the much anticipated Union Budget for FY 2025-26 on February 1, which also marked a record 8th Budget presentation for the 65-year-old. In a major relief to the middle class, Sitharaman announced that there would not be any tax liability on income upto Rs 12 lakh for salaried persons under the new tax regime and raised the basic exemption from Rs 2.5 lakh to Rs 4 lakh.

Speaking on this front, Anuj Sawhney, the Managing Director of Swiss Military Consumer Goods Limited, said, “Swiss Military proudly aligns with the Make in India vision, strengthening our commitment to manufacturing and product development within the country. As India moves forward with the National Manufacturing Mission — offering policy support, execution, and a strong governance framework — we are focused on expanding production, localizing supply chains, and bringing more key product development processes to India this year."

"By leveraging India’s growing manufacturing capabilities, we aim to deliver world-class, innovative, and affordable lifestyle products while supporting the national goal of Make in India. Investing in local talent and sustainable infrastructure, we ensure that the Swiss Military continues to uphold the highest standards of quality and reliability — now made in India, for India, and the world,” Sawhney added.

Union Budget 2025 | Nirmala Sitharaman, as Finance Minister, presented her record 8th Union Budget this time. While inflation has burnt a hole in the pockets of 'aam janata', the Modi govt gave income tax relief for those making up to Rs 12 lakh per year in salaried income. Track the latest coverage, live news, in-depth opinions, and analysis only on Deccan Herald. Also follow us on WhatsApp, LinkedIn, X, Facebook, YouTube, and Instagram.