“The Union Budget 2025 presents a promising vision for India’s manufacturing sector, reinforcing the nation’s commitment to self-reliance through the National Manufacturing Mission,” says Manjusha Singh, CEO Siegwerk India.
“Government’s continued momentum towards food processing, with an establishment of a National Institute of Food Technology, Entrepreneurship and Management in Bihar, will promote efficiency and innovation in the sector. We perceive this development as an opportunity to contribute through cutting-edge, safe, and environmentally friendly packaging ink solutions for specific requirements of changing times in the FMCG sector. With an additional momentum towards India becoming a global hub for toys, it is in tune with a larger purpose of localized development of manufacturing that opens an opportunity for packaging and product innovation,” she adds.
“Overall, these actions make India’s manufacturing ecosystem supportive for growth, innovation, and sustainability. Siegwerk continues to stand with the sector with its expertise, and packaging and printing solutions will resonate with India’s changing industrial scenario,” states Manjusha.