T V Narendran , CEO & MD Tata Steel

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Mr T V Narendran , CEO & MD Tata Steel

“The FM has presented a budget which is both balanced and positive. Focus on rural infrastructure, agricultural output and farmer income will help reduce the agrarian distress and boost the rural economy . Emphasis on health, education and employment generation would promote inclusive growth.

Higher spending on infrastructure with a focus on airport capacity expansion and transportation especially de-bottlenecking of the railways will definitely boost steel demand as will the focus on affordable housing . We also believe that the spending on infrastructure will further help reduce the cost of doing business as it will drive greater efficiencies in logistics”.

 

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