Moneycontrol
Mar 20, 2017 04:13 PM IST | Source: CNBC-TV18

Maharashtra budgetary allocations good but execution is key: Shakti Pumps

In an interview to CNBC-TV18, Akhilesh Maru, CFO of Shakti Pumps spoke about the outlook for the business going forward on the backdrop of budgetary allocations.

The Maharashtra State Budget highlighted an allocation of over Rs 8,000 crore odd for irrigation projects for farmers and Rs 100 crore for micro irrigation schemes.

In an interview to CNBC-TV18, Akhilesh Maru, CFO of Shakti Pumps spoke about the outlook for the business going forward on the backdrop of budgetary allocations. Maru said allocation seems good but execution remains key. Currently, the Company was working on a couple of solar projects in Maharashtra, he said.

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