Overall, a good budget: Harpreet Singh Malhotra

Harpreet Singh Malhotra, CMD, Tiger Logistics (India), feels, “Union Budget 2018 is a mix of growth, expectations and opportunities. This budget provides expected attention on infrastructure by outlaying Rs 2.04 lakh crores for smart cities. The expectations of GDP to grow by 3.3 per cent and exports by15 per cent are good signs.”
“Textile sector, Indian Railways, metro network, elevator facilities and highway construction received much attention which will benefit logistics industry in a long-term. This budget has liberalised agriculture industry for which India is always a premier and provides attention to farmers and the poor, which is a good growth sign for this government. Agri business is also getting benefitted and expected to grow in a fast pace. Food processing and aquaculture industry will provide huge benefits to cold chain logistics industry,” he adds.