Reaction on Budget 2025 by Mr. Rahul Mody, Co-Head Investment Banking at Ambit
Below the Reaction on Budget 2025 by Mr. Rahul Mody, Co-Head Investment Banking at Ambit
"The budget has a number of provisions to boost investments significantly across sectors. These include an increase in FDI in the Insurance sector to 100%, increased focus on manufacturing including in CleanTech, extension of the SWF/Pension Funds tax exemption for investments in the Infrastructure sector to 2030, and new initiatives for the Water, Nuclear Power and Urban Development sectors. There is also a signficant Asset Monetisation target set up to 2030. We expect the FDI to go up significantly over the next five years to USD 100-125 bn a year. These provisions also put the country firmly on course to achieving the stated Net Zero target by 2070."
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