Moneycontrol
Mar 17, 2012 03:30 PM IST | Source: Moneycontrol.com

Budget Reactions: Equipment manufacturers to see positive growth, says Volvo

The Union Budget 2012-13 has turned out well overall for the infrastructure industry. The Honourable Finance Minister has proposed good steps bringing cheer to the infrastructure and equipment manufacturer segment.

Budget Reactions: Equipment manufacturers to see positive growth, says Volvo

By AM Muralidharan, Managing Director, Volvo India


The Union Budget 2012-13 has turned out well overall for the infrastructure industry. The Honourable Finance Minister has proposed good steps bringing cheer to the infrastructure and equipment manufacturer segment.

The government's plan to invest Rs.50,000 crores in infrastructure will encourage more projects on PPP model for massive infrastructure development. The signs for the road construction segment are very promising considering the government

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