By Mr. Manoj Tulsian, CEO & Joint Managing Director, Greenply Industries Ltd.
“The upcoming Union Budget is expected to strengthen India’s industrial ecosystem, given the increasing unpredictability of global commerce and the way tariffs are changing supply chains.
For the wood panel and furniture industry, the Union Budget must continue incentives for affordable housing, increased tax exemptions on home loan interest payments, and policies that enhance liquidity for real estate developers. In addition, we look forward to a strong push for ‘Make in India’ furniture and interior products, that promote domestic sourcing and value addition. This will help drive capacity additions and make Indian wood panel manufacturers more sustainable and less dependent on imports.”
