Budget On Expected Lines: Gulf NRIs

Dubai: Some provisions in the union budget presented on Saturday brought good news for businesses run by NRIs in the Gulf region while some questions remain unanswered. Bhavesh Talreja, Founder and CEO, Globale Media said the Union Budget 2025 presents both opportunities and challenges for the marketing and advertising industry, with potential ripple effects on the Gulf region, given the strong economic and trade ties between India and GCC nations. “The government's focus on increasing disposable income through revised tax structures is expected to boost consumer spending, which could lead to higher marketing and advertising investments by Indian brands, many of which have a significant presence in the Gulf,” he said.