The Union Finance Minister Arun Jaitley has presented his maiden Budget Speech in Parliament today. Jaitley said the Government intends to usher in a policy regime that would bring the desired growth, lower inflation, sustained level of external sector balance and prudent policy stance.
JP Chalasani, managing director & Group CEO, Punj Lloyd, said, ''With the Government's proactive policies and announcements made in the budget today to support the private sector's involvement in Indian infrastructure, the future looks promising for the EPC companies in the domestic market. Government's plans to invest significantly in the oil and gas, roads and highway, airport, harbor and port sector, will offer sufficient opportunities to players in this industry.
Private Public Partnership (PPP) model in awarding several projects in the infrastructure space has taken on a very forward looking approach, encouraging the private players. We are very optimistic about reviving growth in the infrastructure and manufacturing sector."