The Union Budget 2025 is set to transform India’s economic landscape by driving innovation, ramping up exports, and strengthening global trade. With a series of strategic initiatives, the government is positioning the country to lead in research and development (R&D), foster private sector collaboration, and streamline international trade processes. Innovation and Research & Development (R&D) A key highlight of the Union Budget 2025 is the allocation of Rs 20,000 crore to boost innovation and research and development. This significant funding is designed to catalyze private sector-led R&D and innovation projects, positioning India as a global technology leader. By encouraging collaboration between industry and government, the initiative aims to accelerate breakthrough innovations and enhance the country’s competitive edge in global trade and technology markets. Export Promotion Mission for Enhanced Global Trade To further strengthen its position in international markets, the