Govt’s Budget 2025 Push for PPP and EV Growth Welcomed by Chartered Speed

Govt’s Budget 2025 Push for PPP and EV Growth Welcomed by Chartered Speed

By Manu Vardhan Kannan

Published on February 5, 2025

As the Union Budget 2025 wraps up, leaders across industries are weighing in on its impact. Sanyam Gandhi, Whole Time Director at Chartered Speed, has welcomed the government’s continued focus on infrastructure, sustainable transport, and economic reforms.

He highlighted that the push for Public-Private Partnerships (PPP), including a structured three-year pipeline of state projects and ₹1.5 lakh crore allocated for 50-year interest-free loans, would drive large-scale urban development and mobility advancements. "This initiative creates strong opportunities for better infrastructure and innovative mobility solutions," Gandhi stated.

The budget’s emphasis on expanding EV manufacturing is another significant move, expected to accelerate the growth of multimodal transport, clean energy, and digital infrastructure. Gandhi believes these efforts will hasten the transition towards cleaner, more efficient transport networks, benefiting both businesses and consumers.

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“At Chartered Speed, we see significant potential to scale EV adoption and multimodal transport solutions through PPPs and sustainable transit initiatives,” he added.

Additionally, the introduction of a no-income-tax slab for earnings up to ₹12 lakh is expected to stimulate consumer spending, enhancing liquidity in the economy. Gandhi pointed out that this move could lead to an increase in travel-related expenditures, further benefiting the transport and tourism industries.

With these strategic announcements, the budget sets the stage for India’s mobility sector to advance in a sustainable and innovative direction.


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