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Rationalise power tariffs to give a boost to manufacturing sector

There is a need to offer protection to the Indian industry from Chinese imports, says Rajesh Nigam

Rajesh Nigam, founder & director, Karam Industries
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Rajesh Nigam, founder & director, Karam Industries

Rajesh Nigam
According to a study, India is poised to become the third largest economy of the world by 2030. To add further, with a tech savvy educated workforce, skilled population and a commitment to calibrated liberalisation, the Indian manufacturing companies are targeting global markets. They are aiming to become one among the few global competitors. 

The foreign investors now cannot overlook the massive development, which is taking place in the country. India has strong demographic dividends, strong consumerism, technical and engineering capabilities coupled with comparatively low cost of man power as compared to other countries of the world. The budget, this