Government wants to expand rural industrialization: Kailash Desai

Kailash Desai, COO, Endress+Hauser India

Kailash Desai, COO, Endress+Hauser has shared his views on the government’s role and the interm union budget.
“This year’s budget showcased and witnessed many World’s best initiatives run by Indian Government one of them being Swaccha Bharat Schemes. Inflation in December 2018 was just 2.1%, which is all time low and the fiscal deficit & current account deficit was down too. It is seen that USD 239 BN was invested under FDI which makes us an investor-friendly country. I was expecting some GST relaxation to boost the manufacturing and automation segment and we hope we get some attention in the coming time. The Government wants to expand rural industrialization using modern industrial technologies based on the Make In India approach- may be a focused approach will lead to transformation. Overall it looked to be a populist budget and we are eagerly waiting to see a New India 2022.”

Endress+Hauser is recognized as a leading supplier of industrial measurement and automation equipment, providing services and solutions for industrial processes all over the world. The company has a plant in Aurangabad and xports its products to South East Asian companies, South Africa and Australia. The company has around 6000 client base in India and partners with Reliance, BPCL, HPCL, BHEL, CPCL and Hatsun in Tamil Nadu to name a few. They offer comprehensive process solutions for flow, level, pressure, analysis, temperature, recording and digital communications across a wide range of industries, optimising processes in regards to economic efficiency, safety and environmental protection.

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.