Bengaluru: Flipkart Group CEO Kalyan Krishnamurthy has lauded the Union Budget 2025-26, calling it a “perfect booster shot” for a Self-Reliant and Viksit Bharat. He highlighted the budget’s focus on tax relief for the middle class, streamlined TDS/TCS norms, and a strong push for local manufacturing, which he believes will enhance consumer purchasing power and expand access to quality products.
Krishnamurthy emphasized that the government’s support for MSMEs, women entrepreneurs, and startups will play a crucial role in strengthening local businesses and increasing affordability and choices for online shoppers.
“At Flipkart, we welcome these measures as they will drive consumer confidence, simplify seller compliance, and create new opportunities for small businesses and artisans,” he said. He also reiterated Flipkart’s commitment to leveraging technology to boost financial inclusion, promote local manufacturing, and support entrepreneurs across Bharat.
He further noted that the budget lays a strong foundation for a robust, self-reliant economy and expressed Flipkart’s willingness to collaborate with stakeholders to accelerate India’s economic growth.
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