‘A status quo budget for IT products & services companies’

  • Industry News
  • Mar 01,16
‘A status quo budget for IT products & services companies’

-Vikas Khanvelkar, MD – DesignTech Systems Ltd

“From whatever details are available, this is a status quo budget for IT products and services companies. There are no major changes, which can impact this sector. There are no steps to increase exports in this sector.

The Budget is very high on promises making lot of promises on topics like “Bringing certainty in taxation”, “Financial Sector reforms”, “Governance and Ease of Doing Business”, etc. But “HOW” this will be achieved is a big question.

Boost to investments in Infrastructure Sector is welcome move, which can improve infrastructure and at the same time create more jobs and give a boost to economy. ”

DesignTech Systems is a leading CAD/CAM/CAE, PLM solutions and Additive Manufacturing technologies provider in India employing a staff of more than 550 dedicated team members serving wide variety of industry segments by providing them CAD/CAM/CAE and PLM software and/or services. The company has the capability and resources to help industries optimise their mechanical product design/engineering processes thereby making them more innovative, efficient, cost effective and time saving.

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