Dhruvil Sanghvi, CEO, LogiNext
For India, this budget will probably be the most important one in decades. The world has changed and from our perspective, the pandemic has put all focus on the importance of logistics and technology.
Global and national supply chain is of paramount criticality in 2021 and beyond. This sector is the backbone of modern civilisation and the Indian government should look at ways to simplify global trade. We build from India for the world and increasingly, more technology startups would be doing this.
Currently, there is a very high degree of compliance and paperwork, making it difficult for technology companies to serve the global audience and this forces companies to shift base outside the country.
Urgent steps in this direction will help high growth companies keep a base in India, generate employment across the spectrum and help revive the national economy after the shock of the pandemic