The quote from Mr. Tom von Bonsdorff, Managing Director, Volvo Auto India, as a view on the Union Budget presented today.
“The Union Budget measures to incentivise and promote infrastructure augurs well for the economy and the auto sector. The focus on boosting of rural demand is also encouraging. While it was anticipated that there won’t be any major changes in existing indirect taxes in this Budget in view of impending GST implementation, any measures to promote green technology would have given customers more options of environment friendly vehicles.”- Mr. Tom von Bonsdorff, Managing Director, Volvo Auto India
