“The Union Budget presented today is a balanced Budget with a focus on the Agri Sector, Rural Development, Healthcare and a continued thrust on Infrastructure creation. All of these will provide significant impetus to the revival of growth and creation of employment. The Budget also addresses the opportunities to modernise and create new infrastructure in Affordable Housing, Railways, Airports which continues the effort of the last few years. These will present favourable opportunities for growth to the Indian Construction Equipment Industry. Incentivisation to the MSME sector, which forms the backbone of industrialisation of a Nation, as also job creation is another welcome step.”
Auto Components
Budget Reaction from Auto Sector : Schaeffler India
Post Budget Reaction: Schaeffler India Finance minister Arun Jaitley has presented a balanced budget. He has stayed on the growth momentum and allowed small widening of fiscal deficit in the short term to focus on […]
2 Wheelers
TVS Motor Company :: Union Budget 2018-19 Reaction quote
“The Union Budget 2018/19 demonstrates government’s intent to boost investments in rural development, education, healthcare and social sectors and will lead to continued and inclusive economic growth. The strong push for infrastructure will also support […]
Commercial Vehicles
Pre-Budget expectations from Mr. Vipin Sondhi, MD & CEO, JCB India Ltd.
“The importance of the Infrastructure sector in the overall progress of the economy is critical. The Government has given considerable impetus to this sector including in the last two budgets, where significant allocation to this […]