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Budget should encourage Infra & tech innovation: Rajeev Sharma, Chief Strategy Officer, Mitsubishi Electric India

By IndianMandarins- 17 Jan 2023
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New Delhi (17.01.2023): Considering the fact that the Indian economy has started recovering from the fiscal repercussions of the COVID-19 pandemic, the manufacturing sector is expected to witness solid growth, which can further be strengthened by providing fiscal incentives and specific schemes in Union Budget 2023-24.
Mitsubishi Electric India is looking forward to encouraging Infrastructural development and bringing technological innovation through products and solutions for the Indian market. “The expectation from the upcoming Budget is to continue with the right policy and budgetary framework to ensure the economic growth of the country and a budget design that can stand as per the GDP growth rate expectations,” said Rajeev Sharma, Chief Strategy Officer, Mitsubishi Electric India Pvt Ltd.
Sharma said, “I strongly believe that the Indian government will prioritize policies that can benefit infrastructure, and the manufacturing sector and promote renewable energy allowing the country to realize its potential on a global scale. Manufacturing investments must be encouraged among technology providers to bring self-reliant solutions in the country.”  

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