HomeNewsBusinessCompaniesSee no negativity in budget, says TVS Motors
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See no negativity in budget, says TVS Motors

In an interview with CNBC-TV18, Venu Srinivasan, CMD, TVS Motors says, there is no negativity in this budget. “The most important direction is that fiscal deficit will come down to 4.6%,” he adds.

March 03, 2011 / 17:11 IST
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Finance Minister Pranab Mukherjee announced the Union Budget 2011-12 in Parliament on February 28. The budget saw the excise duty remaining unchanged at 10-22%, contrary to a widely expected 2% hike. Special incentives have been announced for companies manufacturing hybrid vehicles in India.

In an interview with CNBC-TV18, Venu Srinivasan, the chairman and managing director of TVS Motors says he did not view any negativity in the budget, in fact, he saw it bordering on the positive.
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first published: Feb 28, 2011 02:53 pm

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