Post-Budget Reaction Quote | AXISCADES Engineering Technologies Ltd
Mr Arun Krishnamurthi, CEO and Managing Director
“We believe that Budget 2023-24 has put the right emphasis on boosting infrastructure investment, green energy, and skill development, which will harbinger a positive outlook for the Engineering Services Industry. Enhancement in Capital Investment Outlay to Rs.10 lakh crores and skill development under PMKVY in new technology areas, such as AI and Robotics will not only bring about enhanced outsourcing opportunities to our Industry as well as create the right talent pool to service these opportunities. Identification of 50 new destinations for the tourism sector with attendant airport infrastructure will in turn boost the demand for aircraft and the Aerospace Industry, in which AXISCADES is one of the key players, delivering niche engineering value to Global OEMs in Aerospace.’
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