Finolex Industries, Mantra Properties, Fleetguard Filters, Sahyadri Hospitals,
Niranjan Kirloskar, Managing Director, Fleetguard Filters Private Limited: The Finance Minister proposed a well-crafted budget that balances growth and social development. The focus on infrastructure development, with the Interim Budget 2024 proposing to raise capital expenditure—for the fourth consecutive year—by 11.1% to ₹11.11 lakh crore, which is 3.4% of the GDP, presents a significant opportunity for the auto and construction industry. The impetus on Research and Innovation for catalysing growth, employment, and development is a welcome move for a Viksit Bharat. With reforms supporting the adoption of sustainable mobility and skill development, India is poised to become a global leader in automotive technology.”
Rohit Gupta, CEO, Mantra Properties: “The emphasis on Awas Yojana Gramin, particularly the commitment to achieving 3 crore houses and empowering women with significant ownership in rural areas, aligns seamlessly with our industry’s mission for inclusive and sustainable development. The introduction of a scheme supporting middle-class home ownership and the substantial allocation of Rs 11.11 lakh crore for infrastructure in FY25 underscore the government’s understanding of the important role played by the real estate sector in our nation’s growth. This collaborative and forward-thinking budget sets a positive tone for our industry, adopting an environment of optimism, innovation, and shared prosperity.”
Ajit Venkataraman, MD, Finolex Industries Ltd: “The significant focus on infrastructure and housing, especially the PM Awas Yojana Grameen, achieving 3 crore houses and planning 2 crore more in the next 5 years, resonates with Finolex Industries’ commitment to sustainable communities. The farmer-centric initiatives like PM Kisan Samman Yojana and PM Fasal Bima Yojana showcase the government’s dedication to our ‘Anna Data’. Finolex Industries anticipates these initiatives to have a positive impact and looks forward to participating in these transformative initiatives, reinforcing our belief in a prosperous and empowered India by 2047.”
