Post Budget Quote | Vikas Jain, Co-Founder, PLAY Design Labs (one-stop destination for consumer electronics)
Vikas Jain, Co-Founder, PLAY Design Labs
A very sensible budget presentation and the FM has been considerate to the common man and industry alike. There is a massive commitment to job creation and infrastructure spending which is very well received by India. Modification of the income tax slabs is a delight for the citizens and should encourage more citizens to declare their income statements. Most of the industry is well taken care of and a focus on strengthening manufacturing is evident. We hope to see some focus and action on the “cost of capital” in future budgets and themes. Backing manufacturing by incentivizing R&D/Design could have been a great addition and we remain hopeful for outlay for design in the forthcoming edition.