Dear Sir,
Please find the Post Budget reaction by Mr. Puneet Dalmia, Managing Director, Dalmia cement (Bharat ) Ltd.
Post Budget Reaction:
"The budget surely has provided a boost to the infrastructure development in the country which is a positive development . The NHAI allocation upto 23% would surely have an indirect impact on the Industry and spur cement demand. The long term plan of raising infrastructure investment to 9% of GDP by 2014 is welcome. The move to abolish FBT would result in considerable savings across industries. However, MAT being increased to 15% has been a bit of a dampener. The focus would be on timely implementations of the proposed measures. Overall it’s been a neutral budget."
Attached please also find the profile of Mr. Puneet Dalmia and his brief profile.
Thanks & Regards,
Padmapriya
PR Executive
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