Focus on infra in the Budget will bring down logistic cost: FIEO
The focus on infrastructure sector in the Union Budget will help the industry as logistic cost will come down, said Ajay Sahai, Director General of FIEO adding currently India has one of the highest logistic costs in the world.
He said the 5% corporate tax which has been reduced for the MSMEs can be used for aggressive marketing and improving technology.
He said CAD reduction is good, but would have been better if it would have reduced due to better performance of the export sector. (WATCH VIDEO)