Sanjay Koul,
Managing Director & Director of Manufacturing,
Timken India Limited, India
"With the development of 7 industrial cities and 20 new industrial clusters the country will see the scope of many new industrial units leading to a growth in Indian Economy. With the new budget, manufacturing units now being allowed to sell their products through retail and e-commerce will encourage production. Newer investments will now see a growth with the increase in FDI and in turn will lead to creation of job opportunities. Also the FM’s announcement with respect to overall revival of manufacturing sector will definitely add to give that extra push to India’s manufacturing giants in the country. There has also been a mention to boost rural power infrastructure with huge investments which will reflect on the growth momentum of the Indian economy.”
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