Interviews
Union Budget, quite disappointing - Indus Fila Ltd
29 Feb '08
1 min read
After the Union Budget of 2008-09 was presented by the Finance Minister of India, Fibre2fashion contacted Mr Nitin Mandhana, the Managing Director of Indus Fila Ltd, to get his comments it.
Mr Mandhana does not seem to be happy with the budget presented by Mr P Chidambaram. "I was expecting some sops to be provided to the ailing textile industry, already bent under the concerns of the appreciating rupee."
The Indus Fila Head further added,"Major issues of the textile industry like global slowdown and the appreciating rupee had not been addressed."
Mr Mandhana does not seem to be happy with the budget presented by Mr P Chidambaram. "I was expecting some sops to be provided to the ailing textile industry, already bent under the concerns of the appreciating rupee."
The Indus Fila Head further added,"Major issues of the textile industry like global slowdown and the appreciating rupee had not been addressed."
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