More Needs To Be Done

The interim Budget presented recently has some positive measures for the construction equipment sector, with the highlight being the two per cent excise duty reduction on capital goods. Industry captains react.We as part of the construction equipment industry, are happy with the cuts announced by the Finance Minister. This will certainly help this important industry to build infrastructure, which has been down by over 30 per cent over the last couple of years. However, I feel that, given the