Budget 2018: FM acts, industry reacts

The Union Budget 2018, presented by Union finance minister Arun Jaitley on February 1, 2018, has been generally welcomed. T&D India brings to you reactions by eminent industry players. Accelerating domestic manufacturing With revival of the manufacturing sector, the Union Read more

Saubhagya

Budget maintains household electrification drive

The Budget 2018-19 presented by Union finance minister Arun Jaitley today clearly focused on the rural population and in general, the economically-challenged. In keeping with this, the capital expenditure on the national household electrification programme (Saubhagya) has been Read more

Yogesh Mudras, Managing Director, UBM India

Year 2017 witnessed various developments in the renewable energy sector in terms of growth, which was fueled by policies, reforms and investments given that it is one of the focal areas. The continued government support and improved economics Read more

Tulsi Tanti, Founder & CMD, Suzlon Group

The structural changes introduced by the government last year augur well for the Indian economy in the long term. The introduction of the Goods and Services Tax (GST) will have a positive effect on the overall health of Read more

Shrinivas Chebbi, President – Building Business, Greater India Zone, Schneider Electric India

We expect the Union Budget 2018 to have significant growth-centric announcements in terms of energy conservation and effectively implementing policies in the adoption of safe, reliable efficient and sustainable buildings. We expect the budget to hold stringent norms for Read more

Schneider Electric

Anil Chaudhry, Country President & MD, Schneider Electric India

The years 2016 and 2017 witnessed major policy reforms by the government of India, including GST implementation, a boost to the renewable sector and some specific financial push to the overall infrastructure segment of the country. We expect Read more

Amit Gossain, MD, KONE India

The government can propose “Priority Sector” lending status for home loans up to certain limits in metros and non-metros; metros with higher slab and non-metro with a lower slab. This would help people to get access to funding Read more

V.P. Mahendru, CMD, EON Electric Ltd

India is all set to become the most-populous country in the world by 2030. An anticipated increase in urban population of 500 million people during 2010-2050 in megacities like Delhi, Mumbai, Bangalore, and Kolkata will pose a huge Read more