Jamshyd Godrej Urges Deregulation and Reforms to Drive Investments
ECONOMY & POLICY

Jamshyd Godrej Urges Deregulation and Reforms to Drive Investments

Jamshyd Godrej, Managing Director of Godrej Enterprises Group, has called for extensive deregulation and major reforms to spur capital expenditure and investment in India. Speaking at a press conference, he stressed the need for significant policy changes across sectors.

“There is a whole host of deregulation that has to happen… significant deregulation in every area,” Godrej said. He added that the government’s income tax rebate would likely help in easing debt burdens, but wider reforms were essential to unlock growth.

Highlighting the urgency of boosting exports, he explained, “What we need is growth imperative, and growth imperative is not only GST. For instance, because of the tariff problem, the government is talking about improving export incentives and competitiveness. Right now, the whole world is open to look at our market share in export, global trade. You double that and see the growth.”

The remarks come after the Union Budget 2025–26, which exempted annual income up to Rs 12 lakh from tax under the new regime. More recently, the government scrapped the 12 per cent and 28 per cent GST slabs, revising rates lower for several food and non-food items.

Godrej emphasised that while these steps are welcome, bold deregulation and deeper reforms are critical to sustain momentum and attract long-term investments.


News source: Business Standard

Jamshyd Godrej, Managing Director of Godrej Enterprises Group, has called for extensive deregulation and major reforms to spur capital expenditure and investment in India. Speaking at a press conference, he stressed the need for significant policy changes across sectors.“There is a whole host of deregulation that has to happen… significant deregulation in every area,” Godrej said. He added that the government’s income tax rebate would likely help in easing debt burdens, but wider reforms were essential to unlock growth.Highlighting the urgency of boosting exports, he explained, “What we need is growth imperative, and growth imperative is not only GST. For instance, because of the tariff problem, the government is talking about improving export incentives and competitiveness. Right now, the whole world is open to look at our market share in export, global trade. You double that and see the growth.”The remarks come after the Union Budget 2025–26, which exempted annual income up to Rs 12 lakh from tax under the new regime. More recently, the government scrapped the 12 per cent and 28 per cent GST slabs, revising rates lower for several food and non-food items.Godrej emphasised that while these steps are welcome, bold deregulation and deeper reforms are critical to sustain momentum and attract long-term investments.News source: Business Standard

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Hindalco Baphlimali Mine Secures ASI Certification

Hindalco Industries has announced that Utkal Alumina International Limited’s Baphlimali Bauxite Mine in Rayagada district, Odisha, has achieved Aluminium Stewardship Initiative (ASI) Performance Standard V3.1 certification.With this achievement, Baphlimali has become the first bauxite mining operation in India to secure ASI Performance Standard V3.1 certification.The certification covers planning, mining, onsite crushing and conveyor transportation of bauxite from the mine, which has an annual production capacity of 8.5 million tonnes. The mine supplies bauxite to Utkal Alumina’s refinery ..

Next Story
Infrastructure Urban

Hindustan Zinc Builds Young Leadership Pipeline

Hindustan Zinc is strengthening its next-generation leadership pipeline, with 10% of the company’s leaders now under the age of 35.The company said more than 62% of its workforce is under 35, while its gender diversity ratio stands at 26.3%. Young professionals are taking on roles across mining, manufacturing, technology, sustainability and business leadership.Over the past two fiscal years, Hindustan Zinc has hired nearly 700 young professionals. This includes 335 campus recruits in FY26 through its VLDP, GET, PGET and MT programmes from leading institutions across India.Amarendu Prakash, C..

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to International Markets

Vedanta Aluminium Metal Limited has expanded its flagship digital e-commerce platform, Vedanta Metal Bazaar (VMB), to international markets, enabling overseas customers to order and buy aluminium products online.The platform will now serve customers across Asia, Europe, Africa and the Americas. International buyers will gain access to more than 1,000 aluminium product variants along with simplified price booking, live LME-linked hedging and digital transaction management.Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 38,000 crore, in FY26 and fulfilled more t..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement