Pre- Budget and expectations 2023 : Mr. Shujaul Rehman, CEO, Garware Technical Fibres Limited

Mr. Shujaul Rehman

“This year’s budget is going to be of great significance, especially after visible global economic headwinds pointing towards some Western countries facing recession-like situations and China witnessing a slowdown due to re-surge in it’s Covid cases. What we expect from Honourable Finance Minister is to provide more incentives and remittances for manufacturing sector, which will help India to grow its exports base .This will positively impact the technical textiles sector, thereby furthering the original objectives of the Make in India scheme. We also hope that some recommendations in this budget will encourage companies to take more initiative on innovation, research & development.” –Mr. Shujaul Rehman, CEO, Garware Technical Fibres Limited

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