Interviews
Poddar of Mudra Lifestyle has neutral ideas on Budget 2007-2008
27 Feb '07
1 min read
While many textile players are worried about the Union Budget 2007-2008, Mudra Lifestyle's Company Secretary, Mahesh Poddar seemed quite cool, calm and composed while talking to Fibre2fashion.
He said that he was not bothered about the budget that is going to come tomorrow. He has neutral ideas for the budget, neither will it be positive nor negative on the industry.
Government has already provided healthy incentives to textile industry. Budget is not going to affect the textile industry.
Government has provided industrialists with TUFS and Capital Subsidy policy.
Industrialists are planning for large scale project and it is possible that in later years, we will compete with China.
He said that he was not bothered about the budget that is going to come tomorrow. He has neutral ideas for the budget, neither will it be positive nor negative on the industry.
Government has already provided healthy incentives to textile industry. Budget is not going to affect the textile industry.
Government has provided industrialists with TUFS and Capital Subsidy policy.
Industrialists are planning for large scale project and it is possible that in later years, we will compete with China.
Fibre2fashion News Desk - India
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