Monday, July 6, 2009

Post budget reaction by Puneet Dalmia, MD Dalmia Cements (Bharat ) Ltd




Dear Sir,


Below mentioned 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.

Would request you to kindly carry the same in your publication .

Kindly revert incase of any clarification on the same.

Sheetal Gopal,

brand-comm
S-102, Panchsheel Park,
New Delhi - 110017
Telephone: 91(11) 40502103 Fax:91(11)40502106
Mobile: 98184 87867
Sheetal@brand-comm.com


Visit: www.brand-comm.com





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