Boosting innovation and sustainability in India: Amar Nagaram, CEO of Virgio

01 February 2025, Mumbai

The Union Budget’s focus on innovation, MSME empowerment, and India’s digital economy is a strong step forward, says Amar Nagaram, Co-Founder & CEO of Virgio.

The Rs 500 crore allocated for deep-tech and AI innovation, along with a Rs 20,000 crore investment in cutting-edge production technologies, will accelerate business scalability and data-driven solutions.

The new Mission for Cotton Productivity strengthens a sustainable, eco-friendly raw material supply chain. Incentives for circular economy initiatives and sustainable manufacturing showcase a shift towards responsible fashion.

The increase in credit availability for start-ups, combined with a robust policy framework, positions India to emerge as a global hub for innovation and conscious consumption.

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