Financial packages provided to industry have to be output based, reviewed on multiple key indicators
Budget should offer credits to chemical producers who demonstrate exemplary corporate citizenship
Tyre industry looks forward to announcements that will create a level-playing field Indian players
TUFS must be extended for another 5 years to enable companies to avail maximum benefit
Regional innovation is a must to transform horticulture, which can generate more income for farmers
Government needs to create few word-class hubs for defence & aerospace on a faster time scale
Bring surface transport, warehousing & shipping under one umbrella for faster decision-making
State specific solar/wind policy should simplify the procedures to obtain regulatory approvals
FM should consider zero import duty on capital goods & raw materials used for new technologies
While anti-dumping duties protect steel industry, alloy steel makers are still exposed to dumping
It should motivate SMEs, which in turn will help Make in India campaign & in employment generation
The industry is highly taxed with three-tier tax structure applied at centre, state & local levels
Naidu committee wants MDRs waived for Aadhaar-based systems
It should provide support to car infotainment sector for new investing in technology & manpower
Tax reduction on lab chemicals will have a much more visible effect on the healthcare sector
Continue excise exemption till a new national biofuels policy, mandating green fuel usage, is framed
It will enhance quality of seeds & also play a major role in enabling an 'ever-green revolution'
Budget should set up a fund to increase automation absorption especially for SMEs in manufacturing
Basic customs duty on appliances & consumer electronic should be raised to 20% to discourage imports
It should set the ball rolling for industry & society to work towards combating climate change