Special Feature - Page 6 of 18 - Wire & Cable India
April 20, 2024

Wire & Cable India

Category : Special Feature

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UNION BUDGET 2022-23

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Finance Minister Nirmala Sitharaman, while presenting her fourth budget, said that India is expected to grow at 9.27 percent in the current financial year. Here’s a sneak peek into the post budget reactions. Seven Engines under PM Gati Shakti Supported by Energy Transmission, IT communication, Bulk Water & Sewerage, Social Infrastructure PM Gati Shakti is......
Special Feature

A 35 Percent Higher Outlay of CAPEX to Provide a Fillip to Infrastructure Activities

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Mr. Inder T. Jaisinghani, Chairman and Managing Director, Polycab India Ltd., says, “leveraging technology, nurturing innovation, placing a strong emphasis on Green Energy, and promoting Clean Mobility systems is clearly a progressive stride towards sustainable development.” The Budget has hit the right chords in terms of focus on inclusive growth, Amrit Kaal of......
Special Feature

Substantial Focus on Housing and Infrastructure Development

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Sharing his outlook on the Union Budget 2022-23, Mr. Shreegopal Kabra, Managing Director & Group President, RR Global, says, “With a substantial focus on housing and infrastructure development, it provides a promising outlook that will provide a much-needed boost to the economy.” The 2022-23 Budget has a remarkable approach towards growth......
Special Feature

Overall Economic Development and an Improvement in Standard of Living

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Mrs. Kirti Kabra, Director, RR Global, says, “The Green Energy & Clean Mobility provision will certainly promote better health, ease of living, and reduce mobility costs.” The Budget 2022-23 has a strong futuristic approach with a considerable focus on education, sustainability, agricultural growth, and women empowerment. It promotes the overall......
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Faster Implementation of Metro Rail, Infrastructure Status for Data Centres, and Emphasis on PM Gati Shakti

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Mr. Vimal Kejriwal, MD & CEO, KEC International Ltd., says, “emphasis on PM Gati Shakti with significant allocation towards Jal Jeevan Mission, Affordable Housing, BharatNet and building 100 Cargo Terminals for multimodal logistics facilities augur well for KEC International Ltd.” I welcome the forward-looking, CAPEX-led Budget 2022-23, with a sharp 35......
Special Feature

Significant Focus on Infrastructure Spending Augurs Well for the Wire & Cable Industry

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Mr. Sanjay Aggarwal, Chairman & CEO, Paramount Communications Ltd., says, “The Budget announcement for building 80 lakh houses for weaker sections shall also provide a huge fillip to the construction industry, employment, and for various industrial products including wires and cables.” The Union Budget 2022-23 presents an effective roadmap for......
Special Feature

Favourable Expectations from FY 2022-23 after Union Budget

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Mr. Abhishek Gupta, Joint Managing Director, Gupta Power Infrastructure Ltd., says, “The Budget will also focus on laying the foundation for rolling out 5G spectrums, laying out optical fibre, and in turn enabling easy availability of broadband services in rural areas. This will be an added boost for the wire......
Special Feature

9.2 Percent GDP Growth is Commendable

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Mr. V.R. Sharma, Managing Director, Jindal Steel & Power Ltd., states, “Coal gasification, coal to the liquid initiative, and the date of manufacturing for claiming the 15 percent concessional income tax rate on greenfield projects is extended till 31 March 2024 by the government are appreciated highly.” I am delighted......
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A Reinforcement towards India’s Vision of USD 5 Trillion Economy

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Mr. Anurag Pandey, Executive-in-Charge, Global Wires India-Tata Steel, affirms, “The Union Budget 2022-23 announced a 35.4 percent increase in CAPEX to INR 7.5 lakh crore for FY23 from INR 5.54 lakh crore for FY22”. The fourth Budget presented by the Honourable Finance Minister lays the foundation for India’s long-term growth and......
Special Feature

A Push for CAPEX and Productivity Improvement, with Attention to Infra and Export Promotion

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About the Budget for FY 2022-23, Mr. Srikanth Chakravarthy, Managing Director, Bekaert Industries Pvt. Ltd., asserts, “A forecast of 9.2 percent GDP is very promising and makes India an interesting investment destination”. I believe the 2022 Budget continues the path of priorities the government has focussed on in the last......
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