Powered by: Motilal Oswal
2025-02-01 03:34:24 pm | Source: PR Agency
Post Budget Quote on Manufacturing Sector, Energy Sector and Mining Sector by Sanjay Choudhari, SBL Energy
Post Budget Quote on Manufacturing Sector, Energy Sector and Mining Sector by Sanjay Choudhari, SBL Energy

Below the Post Budget Quote on Manufacturing Sector, Energy Sector and Mining Sector by Sanjay Choudhari, SBL Energy

 

"The government’s renewed focus on manufacturing and energy security marks a transformative shift for India’s industrial landscape. The National Manufacturing Mission under the Make in India initiative is a timely and much-needed move that will strengthen small, medium, and large industries. We see this as a crucial step toward building a robust supply chain for mining and infrastructure, enhancing domestic production of critical materials, and reducing import dependency.

The Nuclear Energy Mission, with its ambitious target of 100 GW capacity by 2047, is a bold move toward energy transition. The Rs.20,000 crore investment in small modular reactor R&D and incentives for capacity augmentation will create opportunities for energy-intensive industries, including mining and explosives. Reliable and scalable power sources are fundamental to driving industrial growth, and this initiative is a step in the right direction. At SBL Energy, we are optimistic about these developments and look forward to leveraging these opportunities to contribute to India’s self-reliance in mining, energy, and industrial explosives."

 

Above views are of the author and not of the website kindly read disclaimer

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here