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Tag : Budget

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......
Special Feature

IT, Telecom to Usher in Revolution in 5G, Cloud computing, Data Centre, AI, IoT

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Mr. Tushar Kanti Roy, Advisor Strategy, PPC Technology India Pvt. Ltd. – A Belden brand, says, “Thrust in technology provision will see optical fibre connectivity and data centre in various forms to generate high-speed voice, video, and data and increase its residential and enterprise deployment in large numbers in the country.”......
Special Feature

PLI Schemes in 14 Sectors to Generate 60 Lakh New Jobs

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“As a brand, Goldmedal Electricals has always been at the forefront of introducing ground-breaking and sustainable solutions that make our planet not only smarter but also sustainable”, says Mr. Kishan Jain, Director, Goldmedal Electricals Pvt. Ltd. We welcome the measures announced by the Honourable Finance Minister Nirmala Sitharaman and the......
Special Feature

Although Government has put high CAPEX, Implementation and Execution of the Projects will still be the Key

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Mr. Sidharth Agrawal, Managing Director, Systematic Group, says, “The expenditure of INR 39.45 lakh crore, particularly capital expenditure of INR 7.05 lakh crore, will propel the economy towards a high growth rate”. This is a growth-oriented Budget, I am sure that stepping up the capital expenditure sharply by 35.4 percent will......
News

Budget 2022 Ensures Faster Implementation of Metro Rail, and Infrastructure Status for Data Centres

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Emphasis on PM GatiShakti with significant allocation towards Jal Jeevan Mission, Affordable Housing, BharatNet and building 100 Cargo Terminals for multimodal logistics facilities augur well for KEC International Ltd. and our well-diversified businesses. February 1, 2022 I welcome the forward-looking, capex-led Budget 2022, with a sharp 35 percent increase in outlay.......
News

PSPCL Approves Rs. 36,767 crore Budget to Strengthen Transmission & Distribution

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In the budget statement for FY 2021-22, PSPCL would utilize the tranche of a budget in buying power for farm consumers. Further, Rs 200 crore would be spent on the release of new connections to the consumers, in the bid to strengthen the transmission and distribution network in the state.......
News

India Plans USD 41 Billion Reform to Revive Ailing Power Utilities

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The Government of India is planning to revive regional electricity retailers. The announcement is likely to be made on February 1, 2021 as part of the government’s budget for the year starting April 1. January 29, 2021 India plans to spend around INR 3 lakh crore (USD 41 billion) on......
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