Budget 2018: Auto industry seeks reforms to improve better infra, logistics

To make the business scenario more conducive, it is important that the rationalisation of corporation tax continues in line with the pre-defined road map, say industry leaders

Union Budget 2018 would play a crucial role in determining the growth trajectory of the industry and the economy at the same time. To put a cap on inflation and ensure a balanced economy, my Budget expectation is that the finance minister would look at reining in fiscal deficit below 3.2 per cent. I hope that the Budget will have a greater focus on growth-oriented measures than populist schemes. 
 
To facilitate industrial growth and promote ‘Make in India’, there need to be reforms that would improve the quality of infrastructure and logistics, such as wider roads, modernisation of ports,