FM presented a balanced & positive Budget 2018: Tata Steel

T V Narendran , CEO & MD Tata Steel India Limited

“The FM has presented a Budget which is both balanced and positive. Focus on rural infrastructure, agricultural output and farmer income will help reduce the agrarian distress and boost the rural economy. Emphasis on health, education and employment generation would promote inclusive growth."

"Higher spending on infrastructure with a focus on airport capacity expansion and transportation especially de-bottlenecking of the railways will definitely boost steel demand as will the focus on affordable housing . We also believe that the spending on infrastructure will further help reduce the cost of doing business as it will drive greater efficiencies in logistics”.