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-Ashok P Hinduja, Chairman, Hinduja Group of Companies
“The Budget is pragmatic and growth-oriented. The Government’s commitment for retaining the fiscal deficit at 3.5% will have sobering effect on the interest rate in general and on the yields of government and corporate bonds in particular. This will place our economy in the double digit growth trajectory. Coupled with agriculture, rural and infrastructure spending including roads and highways, the economy will have a resultant effect of bottom-up demand generation and job creation. The auto sector will stand to benefit by the proposed amendment to the Motor Vehicles Act to allow the private sector participation in the passenger vehicle segment. Amnesty window announced for unaccounted money is a good initiative. However, tax on dividend above Rs 10 lakh is a big disincentive for promoters/large investors.”
The group supplies over 120 international commercial vehicle brands in the on- and off-highway sector.
Read moreThese will be based on enrolment in the EPFO, and focus on recognition of first-time employees, and support to employees and employers.
Read moreThe FM said that the Government has formulated a package that covers financing, regulatory changes and technology support for MSMEs.
Read moreCharun instruments offers float indicator, which is used for fluid level measurement in several industries.
SM Systems offers 10 amp digital low resistance ohm meter,
which is used in various sectors for different kinds of measurement purposes.
Toshiba Machine (Chennai) Pvt Ltd
offers blending units.
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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