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  • Budget 2022-23 | Industry Story Participation | The Sleep Company

    Published on January 27, 2022

    Priyanka Salot, Co-founder of The Sleep Company

    “With its expected focus on economic recovery, we can expect a further push towards boosting the startup ecosystem in the Union Budget 2022-23, particularly for companies that are working under the ‘Make in India’ initiative. Manufacturing startups have made a headstart in exports, but need critical support in areas like obtaining international patents and a renewed focus on the logistics sector. As startups continue to innovate and explore new avenues of growth, the government can provide crucial support by streamlining the cumbersome compliance requirements and reducing GST on Make in India brands. The focus on encouraging growth must be encouraged incentivizing business deployment along with building a robust forward-looking business ecosystem.”

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