Mixed reactions to the budget for the automobile industry

#hashtags: #Dasari #SIAM #Union #Indian Automobile Industry #Union Budget #Hon #Finance Minister #Jaitley

Mr. Vinod Dasari, President, Society of Indian Autombile Manufacturers (SIAM) said that the Union budget for the fiscal year 2016-17 is a mixed bag for the Indian Automobile Industry. The Union Budget aims to boost the rural economy of the country and the biggest positive in the announcements made by Hon’ble Finance Minister, Mr. Arun Jaitley, is the impetus given to the rural, agricultural and infrastructure segment. We believe that this will help boost the consumer sentiments of rural India,...