Fintech And EV Industries Readying Their Budget-2025 Wish List

Efficiency and customer satisfaction will increase if startups and companies investing in AI-driven diagnostics, predictive maintenance, and customer-centric so-lutions are provided incentives

People working in the fintech and EV industry see lots of opportunities to drive inno-vation in the fintech lending space.

Talking to Bizz Buzz, Jitin Bhasin, founder and CEO of SaveIN, says, “The upcoming Union Budget presents an exciting opportunity to drive innovation in the fintech lending space while empowering MSMEs to thrive. We anticipate policy measures that bolster digital infrastructure, ease access to credit, and encourage sustainable finan-cial practices, he said.

The integration of embedded finance can play a transformative role in boosting re-sponsible consumption by seamlessly embedding financial services into everyday transactions. With the rise of trends like green fintech, AI-driven decision-making and blockchain-based platforms for carbon credit trading, the industry is poised to revolutionize the way financial services are delivered. Government initiatives foster-ing fiscal prudence, skill development, and MSME growth will lay a strong foundation for inclusive economic progress and cement India’s leadership in the global fintech ecosystem.

As a leader in India’s automotive service industry, GoMechanic is optimistic about the opportunities the Union Budget 2025 could unlock for the automotive service sector. With the rapid growth in vehicle ownership, increased focus on electric vehi-cles (EVs), and the rising demand for organized servicing solutions, the sector stands at a transformative juncture.

Himanshu Arora, CEO and co-founder, GoMechanic, says, “We expect that the budget will place a strong emphasis on funding for infrastructure that supports the EV eco-system, like tax credits for green technology adoption and subsidies for establishing EV service centers.”

In order to satisfy future industry expectations, measures that support technicians' upskilling in handling next-generation vehicles—both electric and autonomous—will also be essential.

Another area that requires assistance is the strengthening of digital and technological integration in the automotive service industry. Efficiency and customer satisfaction will increase if startups and companies investing in AI-driven diagnostics, predictive maintenance, and customer-centric solutions are provided incentives.

The automotive service sector may increase its contribution to job creation, envi-ronmental sustainability, and the expansion of India's automotive industry with fo-cused government interventions.

GoMechanic is eager to collaborate with industry players and legislators to advance this development.