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Union Budget 2024 marks a significant course for India’s economic growth

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Girish Aggarwal, MD – APM Terminals Pipavav:

“The Union Budget 2024 marks a significant course for India’s economic growth. At APM Terminals Pipavav, we commend Union Finance Minister Nirmala Sitharaman’s strategic vision – particularly the emphasis on streamlining the logistics, boosting domestic manufacturing, and export promotion to catalyze India’s global competitiveness.

The planned reforms in shipping and the critical mineral mission are poised to generate substantial employment opportunities and fortify India’s position in international trade. Moreover, the establishment of innovative E-Commerce Export Hubs through public-private partnerships, will revolutionize our export ecosystem by offering comprehensive services under one roof. We’re especially encouraged by the increased focus on infrastructure spending and investment, which will undoubtedly stimulate economic activity across sectors and regions. These initiatives collectively pave the way for India to reach its ambitious $5 trillion economy goal.

This budget provides a transformative step towards positioning India as a global economic powerhouse in the near future.”

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