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Mr.Sudhakar Gande, Vice Chairman of AXISCADES group of companies & Chief Executive Officer, Jupiter Capital Ltd

March 2015
Chairman of FICCI Task Force on Aerospace and Air Defense and member of FICCI- National Executive Committee

“The Budget is practical, balanced and growth oriented. The decrease in taxation on royalty payments will propel Make in India program to be successful. The introduction of Bankruptcy laws are welcome and will build balance between entrepreneurship and lenders. Specifically for Defence sector, Budget allocation has been increased by 12% to Rs.2.46L Crores. With focus on FDI in defence, Make in India, ensuring there is inclusive focus on skill development, Technical entrepreneurship, and Institutional mechanism to finance the MSME sector is encouraging for the Defence sector”