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Industry Should Not Hesitate to Invest and Expand Capacities - Sitharaman Tells India Inc

By Shravanthi R
Industry Should Not Hesitate to Invest and Expand Capacities - Sitharaman Tells India Inc

She stated that the government has been formulating policies in line with the industry's expectations and that now is the opportune time for companies to invest more and expand their capacities without hesitation.

New Dehli: Addressing the Indian Federation of Quality Management (IFQM) symposium in Delhi, Union Finance Minister Nirmala Sitharaman called on Indian industries to increase their investments. She stated that the government has been formulating policies in line with the industry's expectations and that now is the opportune time for companies to invest more and expand their capacities without hesitation.

Sitharaman urged industries to partner with the government in providing skill training to young people and new entrepreneurs. She emphasized the importance of maintaining continuous engagement with the government throughout the year, and not just during the pre-budget period.Gabit Ceramide & Hyaluronic Face Moisturiser | Lightweight Moisturizer to Hydrate & Brighten Skin | With Vitamin C, Niacinamide, Oats | For Women and Men | Oil Free for All Skin Types | 50ml

In response to a question from Tata Sons Chairman N Chandrasekaran, Sitharaman affirmed that Prime Minister Narendra Modi has never wavered from reforms or ignored the demands of the industry. She added that with the government's efforts in simplifying taxes and implementing policies like FDI, it is now the right time for industries to move forward and achieve greater progress. Also Read: US Federal Reserve's Rate Cut: A Temporary or Long-Term Gain for India?