where i can get a budget hotels near baima or where i will get veg indian food in guangzhou?

You must refer to Baima Clothes Wholesale Market, right?
Kainisi Hotel is a good choice for you. It is about 2 miles away. The price is CNY 100 to 150 per night. The hotel provides warm service and quiet environment. It's located at No.6, Songbo East Street, Guangyuan New Village, Baiyun District. Hope you like.

Tandoor Indian Restaurant is near to the market. You can find authentic and delicious vegetable indian cuisines there. The address is C18-C1, 3rd Floor, Xinhonghui Shopping Mall, Eastern Building, No.301 - 303, Middle Huanshi Road, Yuexiu District.