\n
\nThis budget was intended to bring in a lot of optimism and I think the government has clearly defined its intention to revive the rural economy with spending on key areas demarcated, including the skill based education, healthcare, housing and infrastructure development which will definitely generate income in the rural areas.
\n
\nThe focus on digitisation and reforms on restricting cash spending is an important step towards making India a digital economy. Smartphones play a very crucial role in enabling digital payments and Micromax feels this they will be able to facilitate and contribute to this strategic national initiative in a big way through their wide range of phones and the customer reach they enjoy through their distribution network. . Also we feel that there will be a specific focus on the low and mid-price smartphones capturing a fair share of the market.
\n
\nI think there were some corrective measures that were announced such as tax sops for SMEs and MSMEs, which will be a welcome gesture for that segment. Boosting more demand and upbringing rural economy will further give rise to public spending which will show results in the long run.
\n
\nI think that the Rs. 10 Lakh crore credit announced for farmers is the probably the highest amount which has been provisioned in this budget and some of the other funds announced will benefit the farmers further and we are hopeful that it create rural jobs as well. There was a bold decision on electoral funding and that is commendable. We feel that the infrastructure spending including airports, railways and highways will generate employment and boost spending.
\n
\nThe government has also acknowledged the need to bring down lending rates to ensure cheaper funds for both industry as well as consumers and we hope GST will be able to address that. It is heartening is that the government has announced multiple measures which can improve local manufacturing and create a better component ecosystem for mobile handset makers. The allocation of Rs 745 crore is a welcome move which will provide impetus to local component manufacturing in the electronics sector.
\n
\n\"Make in India\" is a great opportunity given India has attracted huge investments in local manufacturing lately not only benefitting the economic growth but also creating increased employment. The investment of Rs. 10,000 crore towards that aim will definitely be beneficial to further grow local manufacturing. At Micromax we are committed to support the Make in India initiative and invest accordingly.
\n
\nWith the focus on growth, it is a progressive budget and is a stepping stone to India’s growth story. The delivery, however, will be contingent on effective implementation of these policies.”<\/body>","next_sibling":[{"msid":56914952,"title":"\u200bBharatNet will lead to strong growth in fiber <\/b>business, says Sterlite Tech; stock jumps","entity_type":"ARTICLE","link":"\/news\/bharatnet-will-lead-to-strong-growth-in-fiber-business-says-sterlite-tech-stock-jumps\/56914952","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":56915376,"entity_type":"ARTICLE","title":"Budget 2017: M-SIPS to provide impetus to local component manufacturing","synopsis":"The allocation of Rs 745 crore is a welcome move which will provide impetus to local component manufacturing in the electronics sector.","titleseo":"telecomnews\/budget-2017-no-big-announcements-to-boost-domestic-manufacturing-says-micromax","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2017-02-01 16:35:32","lastupd":"2017-02-01 18:03:20","breadcrumbTags":["Micromax","budget news","Mobile manufacturing","MakeInIndia","Budget2017","telecombudget"],"secinfo":{"seolocation":"telecomnews\/budget-2017-no-big-announcements-to-boost-domestic-manufacturing-says-micromax"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2017-02-01" data-index="article_1">
Rajesh Agarwal,创始人之一,Micromax信息学
这个预算是为了带来大量的乐观和我认为政府已明确其意图振兴农村经济的关键领域支出划分,包括基于技能的教育、医疗、住房和基础设施建设必将为农村地区带来更多的收入。
对数字化的关注和改革限制现金支出是一个重要的一步使印度成为数字经济。智能手机发挥非常重要的作用,使电子支付和Micromax感觉他们能够促进这一国家战略倡议,为在很大程度上通过广泛的手机和客户达到他们通过分销网络。享受。我们也觉得会有一个特定的关注低和中等价位的智能手机捕捉一个公平的市场份额。
我认为有一些纠正措施公布如中小企业的税收优惠和男男同性恋者,这将是一个受欢迎的手势分割。增加更多的需求和培养农村经济将进一步导致公共支出将从长远来看显示查询结果。
我认为Rs。10个十万的卢比的信贷宣布对农民可能最多的供应在这个预算和其他的一些基金宣布将进一步受益的农民,我们希望它创造农村就业机会。有一个大胆的决定选举资金,这是值得称道的。我们认为基础设施支出包括机场、铁路和高速公路将创造就业和刺激消费。
政府也承认需要降低贷款利率,以确保廉价资金行业以及消费者,我们希望也能够解决这个问题。振奋人心的是,政府已经宣布多个措施可以改善当地生产和生态系统为移动手机制造商创造一个更好的组件。745卢比的分配是一个受欢迎的举措将为当地提供动力组件制造电子行业。
“在印度”是一个很好的机会给印度最近吸引了巨额投资在当地制造业不仅有益于经济增长的,而且创造就业增加。Rs的投资。10000卢比的朝着这个目标一定是有利于进一步发展当地的制造业。在Micromax我们致力于支持在印度计划和相应的投资。
关注增长,这是一个进步的预算,是印度的增长故事。然而,交付将取决于这些政策的有效实施。”
这个预算是为了带来大量的乐观和我认为政府已明确其意图振兴农村经济的关键领域支出划分,包括基于技能的教育、医疗、住房和基础设施建设必将为农村地区带来更多的收入。
对数字化的关注和改革限制现金支出是一个重要的一步使印度成为数字经济。智能手机发挥非常重要的作用,使电子支付和Micromax感觉他们能够促进这一国家战略倡议,为在很大程度上通过广泛的手机和客户达到他们通过分销网络。享受。我们也觉得会有一个特定的关注低和中等价位的智能手机捕捉一个公平的市场份额。
我认为有一些纠正措施公布如中小企业的税收优惠和男男同性恋者,这将是一个受欢迎的手势分割。增加更多的需求和培养农村经济将进一步导致公共支出将从长远来看显示查询结果。
我认为Rs。10个十万的卢比的信贷宣布对农民可能最多的供应在这个预算和其他的一些基金宣布将进一步受益的农民,我们希望它创造农村就业机会。有一个大胆的决定选举资金,这是值得称道的。我们认为基础设施支出包括机场、铁路和高速公路将创造就业和刺激消费。
政府也承认需要降低贷款利率,以确保廉价资金行业以及消费者,我们希望也能够解决这个问题。振奋人心的是,政府已经宣布多个措施可以改善当地生产和生态系统为移动手机制造商创造一个更好的组件。745卢比的分配是一个受欢迎的举措将为当地提供动力组件制造电子行业。
“在印度”是一个很好的机会给印度最近吸引了巨额投资在当地制造业不仅有益于经济增长的,而且创造就业增加。Rs的投资。10000卢比的朝着这个目标一定是有利于进一步发展当地的制造业。在Micromax我们致力于支持在印度计划和相应的投资。
关注增长,这是一个进步的预算,是印度的增长故事。然而,交付将取决于这些政策的有效实施。”
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