Budget Inputs from Mr. Devanshu Gandhi, MD – Vadilal Ltd

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By Vivek K Mob: 00919820310487 E-mail: indianshowbusiness@gmail.com

“The finance minister has taken a careful approach towards fiscal prudence which is expected to bring positive results for the economy. More of a realistic budget, it could be good for capital markets & investments.

One of the most encouraging facets of this budget is the focus on sustainable growth of infrastructure with the development of MSMEs and crucial sectors like oil & gas, power and coal. Indian manufacturers can rejoice with investment allowance of 15 per cent on investments of Rs. 100 crore or more in plant and machinery.

However, a few incentives for the Food & Beverage Sector as well as some boost for rural infrastructure would have made budget 2013 very cheerful for the food and retail sectors.”

 

 

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