Post-budget reaction quote as below:

Sanjeev Dasgupta - Chief Executive Officer, CapitaLand Investment (India)

"The Union Budget 2025 charts a decisive path for India’s next phase of economic growth, reinforcing its position as a global investment and business powerhouse. The introduction of a model Bilateral Investment Treaty (BIT) is a welcome step towards providing greater clarity and confidence to global investors. By fostering a more predictable and investor-friendly environment, India is sending a strong message that it is open to sustained long-term capital. The government’s commitment to infrastructure development through a structured three-year PPP pipeline, backed by a ?1.5 lakh crore interest-free loan outlay, is a bold and forward-looking move. This will not only accelerate urban transformation but also unlock new opportunities for private-sector collaboration in building future-ready cities.
The national guidance framework for Global Capability Centres (GCCs) is another step in the right direction. As India cements its position as a preferred destination for high-value global operations, this initiative will help states attract and scale GCCs by strengthening talent pipelines and infrastructure. Equally significant is the establishment of five National Centres of Excellence for skilling. By integrating global expertise in training and certification, India is ensuring that its workforce is equipped for the industries of the future, reinforcing the ‘Make for India, Make for the World’ vision.

Furthermore, the budget’s focus on fostering artificial intelligence research through the establishment of a Centre of Excellence in AI for education, with a ?500 crore outlay, demonstrates India’s commitment to becoming a leader in the digital economy. The provision of broadband connectivity to all government secondary schools under the BharatNet project is set to bridge the digital divide, fostering inclusive growth by empowering the youth in rural areas with access to quality education and digital resources.

Additionally, the development of the top 50 tourist destinations in partnership with states will catalyze employment-led growth, enhancing India’s appeal as a global tourism hub while generating significant economic opportunities for local communities. The government’s increased focus on manufacturing, warehousing, clean tech, and nuclear energy will serve as pivotal drivers of growth and transformation, making India a formidable force in the global economy. At CapitaLand Investment, we see these announcements as important steps to drive sustainable growth, innovation, and long-term value creation in India."