Pro­gres­sive bud­get with key ini­tia­tives

Electrical Monitor - - BUDGET REACTIONS -

his is a pro­gres­sive bud­get re­it­er­at­ing the need and im­por­tance to ac­cel­er­ate growth in the man­u­fac­tur­ing sec­tor. An­nounce­ments re­gard­ing in­cen­tiviz­ing do­mes­tic value ad­di­tion to­wards the “Make in In­dia” ini­tia­tive have been well re­ceived. Changes in cus­toms and ex­cise duty rates to im­prove com­pet­i­tive­ness and boost do­mes­tic man­u­fac­tur­ing are a wel­come move. As a man­u­fac­tur­ing­sec­tor com­pany, we be­lieve that through this, there will be a spurt in the spirit of en­trepreneur­ship boost­ing home-grown in­dus­tries. — Man­ish Goel, Man­ag­ing Di­rec­tor,

Shilpi Ca­ble Tech­nolo­gies Ltd


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