Insight Reports 14 minutes PremiumIndia Retail Insights: Key Takeaways for Retail from Union Budget 2023 Arun Sriram, Analyst Sector Lead: Anand Kumar, Associate Director of Research March 13, 2023 Table of ContentsIntroduction Market Scale and Opportunity The Union Budget 2023: Coresight Research Analysis 1. Economy 2. Taxation 3. Logistics, Infrastructure and Manufacturing 4. MSMEs and Startups 5. Ease of Doing Business 6. Import Duty Concessions 7. Housing and Urban Planning 8. Fintech 9. Skill Development and Youth Empowerment 10. Sustainability Initiatives What We Think What's InsideIndia’s finance minister, Nirmala Sitharaman, presented the Union Budget—an annual financial statement about the estimated revenue and expenditure of the government for the upcoming fiscal year—in Parliament in February 2023. As part of our India Retail Insights series, we present highlights from the Union Budget for fiscal 2024, ending March 2024, and the implications for the country’s retail industry and associated sectors. Data in this report include: India’s GDP growth rate for fiscal 2015 through fiscal 2024 (estimated) Capital expenditure in India’s Union Budget for fiscal 2021 through fiscal 2024 (estimated) Estimated miles in India’s National Highway network for fiscal 2015 through fiscal 2025 (estimated) Other relevant research: India Retail Insights: The Open Network for Digital Commerce—Supporting Small Sellers and Curbing Digital Monopolies Retail 2023: 10 Trends in India Retail Market Outlook: India E-Commerce—Online Adoption Expands to the Hinterlands Key Festivals and Holidays for Promotional Campaigns in India in 2023: Calendar This report is for Premium subscribers only. Learn more about subscriptions here.If you are a Premium subscriber, please log in. Other research you may be interested in:
