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Auto Budget 2024 LIVE: Nirmala Sitharaman’s Budget focuses on jobs, skill enhancement | ET Auto

Union Budget 2024 Automotive Sector Live Update: Key sectoral reforms needed for India to become world’s third largest economy

“The upcoming budget is expected to put more emphasis on infrastructure and manufacturing, which bodes well for the industry. Various pending issues related to ease of doing business like land, labour, energy etc. are expected to be addressed more aggressively. Future progress will depend on fostering a business-friendly environment, innovation in transport and mobility and a strong focus on sustainability. Amidst a challenging global scenario, the Indian economy is a beacon of progress and strategic reforms in key sectors can make it the third largest economy in the world in no time,” says Dr. Raghupati Singhania, Vice President, JK Organisation and Chairman & Managing Director, JK Tyre & Industries.