Budget Expectation quote – Catseye Systems and Solutions

By Rahul Raj Singh Director, Marketing and Sales, Catseye Systems and Solutions.

The union budget is a great starting point for our country’s technology-driven transformation and we expect that this year it should bring in more opportunities of low interest loans for the MSME industries and a special allocation should be made towards semiconductors and silicon chip manufacturing. As for now we rely a lot on international markets and because of that the current supply of the chips in our country is really affected. The focus should also be on increasing the subsidies on e-vehicles to reduce the dependencies on conventional fuels.