Auto Budget 2015: Renault India's Sumit Sawhney comments
"It is a well-balanced budget. It included a lot of positive measures to give impetus to infrastructure growth. Another positive was the announcement of a firm date on GST, which was a key pre-budget expectation. Although we will have to study the fine print of the budget in terms of clear programs to boost investment, manufacturing and skill development, the directional focus is in sync with the overall expectations to boost growth. Taking cue from what was shared about reform being a continuous process, we hope for ongoing measures and policies to maintain a healthy balance between interest rates, inflation and arrest the fall of the rupee, which will benefit the economy. Although the budget didn't have much for the automobile sector, we are hopeful for some pro-business policies in the near future to benefit the industry."
Related Stories
Top Stories
Latest Videos
Most Popular
- 2022 Toyota Urban Cruiser Hyryder: More interior details revealed
- 2022 Mahindra Scorpio-N unveiled in India, bookings open July 30
- 2022 Maruti Suzuki Ertiga CNG review, road test - the best CNG car you can buy?
- Upcoming Maruti Suzuki Vitara Brezza to be available in 4 variants and 9 colour options
- 2022 Mahindra Scorpio-N launched in India, prices start from Rs 11.99 lakh