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Home > All news > Economy > Budget strategically positions India to become Global Manufacturing Hub & $5 trn economy : Rajesh Mehta, ED – Liladhar Pasoo 

Budget strategically positions India to become Global Manufacturing Hub & $5 trn economy : Rajesh Mehta, ED – Liladhar Pasoo 

July 25, 2024
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Rajesh Mehta Supply Chain Professional || Business Strategy - Global Network Development - Liladhar Pasoo

Mumbai - This budget is decidedly growth-oriented and strategically positions India to realize its ambitions of becoming a global manufacturing hub and a $5 trillion economy. It emphasizes infrastructure development, tax simplification, and skill enhancement—three critical areas that will enhance India's alignment with the global value chain. By investing in robust infrastructure, streamlining tax processes, and focusing on upskilling the workforce, the budget creates a conducive environment for India to attract international business and strengthen its manufacturing sector. Moreover, the budget encourages entrepreneurs to innovate and deliver high-quality products, which is essential for meeting global standards . . .

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