Post Budget Quote : The annual allocation of Rs 10000 crore for urban infrastructure development will lead to demand creation for steel Says Sanjay Gupta, APL Apollo Tubes
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Below is Post Budget Quote By Mr. Sanjay Gupta, CMD, APL Apollo Tubes
"Considered as the backbone of the country’s infrastructure growth, the steel industry is here to get a considerable boost with the inclusion of infrastructure development into the seven priorities of Budget 2023. We equally welcome the respected Finance Minister’s comprehensive focus on proposing 100 critical transport infrastructures for last and first-mile connectivity with an investment of Rs 75000 crore that promises the demand for steel to stay robust in the market. The annual allocation of Rs 10000 crore for urban infrastructure development will also lead to demand creation for steel.”
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