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Date: 24/07/2024

Budget is balanced, positive and forward-looking; logistics also should gain from the overall growth trajectory

Ketan Kulkarni, Chief Growth Officer, Allcargo Group

“Finance Minister Nirmala Sitharaman has provided enough fuel for India’s current growth ride. With the Budget focusing specially on job creation and skilling, agriculture, infrastructure, research and technology, the ride should gain momentum. Without changing the capex allocation which was significant compared to the revised estimates, increased outlays in many sectors like infra and manufacturing will boost spending. The government has also reiterated its determination to pull down the fiscal deficit in the coming years. As every sector has something to cheer about in general, logistics also should gain from the overall growth trajectory. The positive spurs makes the Budget balanced, positive and forward-looking”.



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