Special Feature - Page 8 of 19 - Wire & Cable India
November 27, 2024

Wire & Cable India

Category : Special Feature

Special Feature

Favourable Expectations from FY 2022-23 after Union Budget

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Mr. Abhishek Gupta, Joint Managing Director, Gupta Power Infrastructure Ltd., says, “The Budget will also focus on laying the foundation for rolling out 5G spectrums, laying out optical fibre, and in turn enabling easy availability of broadband services in rural areas. This will be an added boost for the wire......
Special Feature

9.2 Percent GDP Growth is Commendable

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Mr. V.R. Sharma, Managing Director, Jindal Steel & Power Ltd., states, “Coal gasification, coal to the liquid initiative, and the date of manufacturing for claiming the 15 percent concessional income tax rate on greenfield projects is extended till 31 March 2024 by the government are appreciated highly.” I am delighted......
Special Feature

A Reinforcement towards India’s Vision of USD 5 Trillion Economy

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Mr. Anurag Pandey, Executive-in-Charge, Global Wires India-Tata Steel, affirms, “The Union Budget 2022-23 announced a 35.4 percent increase in CAPEX to INR 7.5 lakh crore for FY23 from INR 5.54 lakh crore for FY22”. The fourth Budget presented by the Honourable Finance Minister lays the foundation for India’s long-term growth and......
Special Feature

A Push for CAPEX and Productivity Improvement, with Attention to Infra and Export Promotion

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About the Budget for FY 2022-23, Mr. Srikanth Chakravarthy, Managing Director, Bekaert Industries Pvt. Ltd., asserts, “A forecast of 9.2 percent GDP is very promising and makes India an interesting investment destination”. I believe the 2022 Budget continues the path of priorities the government has focussed on in the last......
Special Feature

Steel Industry Welcomes Announcement to Extend Zero Percent Basic Customs Duty on Scrap

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Mr. A.M. Kulkarni, President, Mukand Ltd., says, “Currently, steel prices are on the higher side and so this will not affect the domestic industry, however, when global steel prices start to slide, the domestic industry will be hit with imports at unfair prices”. The steel industry welcomes the announcement to......
Special Feature

Rise in Planned Capital Expenditure to prepare India for next growth phase

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Touching upon the Budget of 2022-23, Mr. Anuj Jain remarks, “This is a significant step towards an Atmanirbhar Bharat.” Budget FY23 is a landmark budget, which is very forward-looking and conducive for growth. Watch: Wire & Cable Industry Year Review of 2021 The substantial rise in planned capital expenditure for......
Special Feature

Vision to Connect Villages through Optical Fibre Cables will Bridge Urban-Rural Digital Divide

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Mr. R. Sridharan, Chief Executive Officer, Birla Cable Ltd. and President, Vindhya Telelinks Ltd., M.P. Birla Group, says, “the Honourable Finance Minister has announced about covering the entire country by laying optical fibre cables for the creation of quality broadband infrastructure”. First of all, the Budget 2022-23 has given a......
Special Feature

Investment in Key Sectors to Improve the Demand for Cables

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Speaking about the impact of the Union Budget 2022-23 on the demand in the wire and cable industry, Mr. Vijay Kumar Bajaj, Chief Operating Officer, Apar Industries Ltd., says, “Investments in key sectors like defence production, railways, renewable energy, and electricity distribution are likely to improve the demand for cables.”......
Special Feature

India to turn into Electrical Manufacturing Hub with Standardising Domestic Manufacturing of Electronic Smart Meters and Wearable Devices

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Mr. Gautam Seth, Joint Managing Director, HPL Electric & Power Ltd., says, “I believe Budget 2022-23 will increase the growth and will help in ramping up domestic capacity.” It is a growth-oriented and forward-looking Budget. The ambitious goal of 280 GW of installed solar capacity by 2030 has been set with an......
Special Feature

Looking Forward to a Growth-Driven Economy in the Future Years

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Speaking on the Union Budget for FY 2022-23, Mr. Dinesh Aggarwal, Joint Managing Director, Panasonic Life Solutions India Pvt. Ltd., “As announced by the Finance Minister, this Union Budget will be the foundation and blueprint of the economy for ‘Amrit Kaal’, the next 25 years – from India at 75 to 100.” The Union Budget 2022-23 has focused on our......
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