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Home > All news > Logistics > Budget has set the roadmap for long term economic growth

Budget has set the roadmap for long term economic growth

February 4, 2025
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We expect continued thrust on capital expenditure for physical and digital infrastructure : Suresh Kumar, MD - Allcargo Terminals

Mr. Suresh Kumar R, Managing Director, Allcargo Terminals Limited in his reaction to the budget opined, "the budget has set the roadmap for long-term economic growth by catalysing consumption, manufacturing as well as infrastructure development. Budget proposals to strengthen ease of doing business and relax regulatory reforms will further improve the investment prospect and boost private investments in logistics as well as other sectors. Additionally, the announcement  of a ₹25,000 crore Maritime Development Fund for long-term financing in the maritime industry, with up to 49% government contribution and the remainder mobilized from . . .

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