Sunil Munjal, joint managing director of Hero MotoCorp Ltd., welcomed the dramatic increase in infrastructure spending proposed by the Finance Minister Arun Iaitley in Union Budget 2017. wide area covered under the union budget 2017.
While the auto sector had no specific demands from the finance minister in this budget, the industry needed infrastructure to improve, Munjal said.
The budget will provide encouragement to activities which have a high multiplier effect such as housing, he added.
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