Budget comment: Henrik Fagrenius, MD, Scania Commercial Vehicles India

“I think the government has taken a step in the right direction in placing emphasis on developing the infrastructure in the country. However, we believe that this will gain momentum when the GST regime is implemented and the FDI into multi-brand retail entry into the country is approved. We do hope to hear positive news on this at the earliest that will go a long way in the development of the Indian economy.”