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Pre-Budget Expectation -Sanfe (India’s fast-growing feminine hygiene brand and women empowerment company promoting better health and well-being for women, Incubated at IIT Delhi)

by NS
June 26, 2019
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Mr. Harry Sehrawat, Founder Sanfe

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India’s Feminine Hygiene Industry is one of the shining industry and has immense potential to take the country on the global business map and improvise women empowerment initiatives by ensuring health, hygiene, and wellbeing. The need of the hour is to create a conducive atmosphere by introducing favorable policies to support women empowerment companies in the category. To improve the state of women health and hygiene at mass level there is an urgent need for GST relaxation and motivating subsidies. We expect the upcoming budget to support the creation of a robust startup ecosystem for affordable, disruptive and sustainable hygiene products. The cost of research and development is already very high in the category obstructing innovation for last mile women of India. This demands for a policy draft, where startups can be allowed to collaborate with Hospitals and Labs to undergo the clinical trials and testing, helping them to grow and introduce a wide range of affordable and innovative solutions. Like large companies, startups also have to compute taxes under the minimum alternate tax (MAT) regime even though they may not have real profits. This need to be altered so that the startup does not lose capital at the initial stage said Mr. Harry Sehrwat, Founder of Sanfe.  

 

Harry Sherawat is the 4th year student from IIT Delhi pursuing Textile Engineering. He has also worked with Myobeam as the Chief Business Officer and with Flexmotiv as Business Development officer. With all his knowledge and guidance, he is strongly determined to establish Sanfe as a brand which is not helping women to come up and stand for themselves but by this initiative of his he wants to establish the real sense of women empowerment.

NS

NS

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