Mr. Niranjan Kirloskar, Managing Director, Fleetguard Filters Private Limited- BUDGET REACTION

▴ BUDGET 2024
Overall the government aims to balance economic growth with sustainability and inclusivity ensuring long-term benefits across various sectors.

Mr. Niranjan Kirloskar, Managing Director, Fleetguard Filters Private Limited, “The Union Budget presented today aligns well with the Government's vision of a Viksit Bharat. The budget highlights several positives aimed at boosting economic growth, employment, sustainability, and inclusive development.


Special focus and reiteration of skilling, employment, manufacturing, strong infrastructure development, agriculture, and R&D, among other mentions, should positively reassure companies to focus on investing in all levels of its employees – especially newer ones, and also concentrate on becoming future-proof, by investing in rigorous research and development.


In addition to the above, proposing a climate taxonomy or climate finance to encourage greener businesses and, in turn, create a greener economy in the long run, signifies the important role of Indian companies in the fight against global climate change and aligns with global ESG goals which can make Indian companies attractive for FDI.

Overall the government aims to balance economic growth with sustainability and inclusivity ensuring long-term benefits across various sectors.“

-Mr. Niranjan Kirloskar, Managing Director - Fleetguard Filters Pvt. Ltd

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