While commenting on the manufacturing segment, Mr Bimal Tanna, Partner and Leader, Industrial Products of PwC India welcomed the Union Budget by saying “The budget is a step in the right direction insofar as the ‘Make in India’ and ‘Skill India’ campaigns are concerned. Overall, a growth oriented budget that encourages investment generation and job creation in the country. The thrust given to infrastructure development will have a positive rub off for the manufacturing sector and will stimulate growth. While some of the steps taken by the FM will certainly help in attracting investors and ease doing business in India, we would have wanted more from the FM given the spotlight on 'Make in India’ like reduction in the MAT rate for the manufacturing sector."
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