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Post-Budget Reaction: By Mr. Vikramjiet Roy, Managing Director, Maccaferri India
The Budget’s support to infrastructure development is critical in enhancing and sustaining India’s growth rate. The impetus to infrastructure development will act as a force multiplier by boosting investments, creating jobs in sectors like steel, cement, and transportation. The impetus on developing green infrastructure will help India address climate change by promoting sustainable green growth in urban areas. Focus on Artificial Intelligence to develop cutting-edge applications has the potential to overcome some of our toughest challenges, including safety concerns, labor shortages, and cost and schedule overruns.