It should provide support to car infotainment sector for new investing in technology & manpower
Tax reduction on lab chemicals will have a much more visible effect on the healthcare sector
Continue excise exemption till a new national biofuels policy, mandating green fuel usage, is framed
It will enhance quality of seeds & also play a major role in enabling an 'ever-green revolution'
Budget should set up a fund to increase automation absorption especially for SMEs in manufacturing
Basic customs duty on appliances & consumer electronic should be raised to 20% to discourage imports
It should set the ball rolling for industry & society to work towards combating climate change
Need of the hour for the budget makers is to keep their cool & keep the country's interest paramount
Expedite the ambitious Green Energy Corridor programme to fortify renewable energy infrastructure
Post-demonetisation, budget should offer pro-industry policies to bring back the growth momentum
Govt should create a technology-based healthcare sector to tackle threats from various diseases
Take steps to resolve this, otherwise it will have long-term impact on 'Make in India' policy
Just like home loans, solar loans should be made eligible for rebate under income tax provisions
New opportunities are emerging for component suppliers due to regulatory changes in auto sector
Budget should make more tax credits available for R&D of renewable or eco-friendly products
Growth to get further fillip as domestic & overseas firms set up production facilities across India
There are also challenges of lack of experienced local suppliers & good mid- & up-stream LED chain
There is a need to push for local production of reagents & medical devices to reduce diagnosis cost
Govt needs to take a holistic view to overcome challenges & advancing the competencies of the sector
While price control regime brings down drug prices, it also leads to shortage of life-saving drugs