Industry Leaders Laud Union Budget for Spearheading 'Viksit Bharat'

Indian industry bodies celebrated the Union Budget, highlighting its roadmap for 'Viksit Bharat.' Leaders praised the focus on infrastructure, housing, tax reliefs, and domestic capacity creation, which promise economic growth, job creation, and incentivization for first-time employees.

Indian industry leaders have warmly welcomed the Union Budget, hailing it as a strategic roadmap for a 'Viksit Bharat.' Prominent figures in the industry highlighted the significant capital expenditure on infrastructure and housing, which they believe will catalyze economic growth.

Harsh Pati Singhania, Chairman and Managing Director of JK Paper Ltd, lauded the emphasis on domestic capacity creation and job generation. Singhania underscored the government's innovative measures, such as financial incentives for first-time employees, as unprecedented steps fostering employment at a massive scale.

Rajan Bharti Mittal, Vice Chairman, and Managing Director of Bharti Enterprises commended the budget's holistic approach, touching upon women empowerment, agriculture, and MSMEs, crucial for boosting manufacturing. Manish Sharma of FICCI praised the budget for fostering a growth-oriented environment across diverse sectors, while Dr. Harsh Mahajan emphasized the inclusivity and continuity the budget offers, especially with moves like removing the Angel Tax.