Budget 2023-24: Manufacturing sector eyes revised taxations, new PLIs

Manufacturing sector contributes 15% to India's GDP and hence the expectation of experts are high from the government

Arshdeep Kaur New Delhi
Indian economy
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As Union Budget 2023 approaches, experts from the manufacturing sector, which contributes 15 per cent to India’s gross domestic product (GDP), are hoping for a reduction in import duties, and a revision in the taxation system, among other things from the government.
Here are some of the Budget expectations for the manufacturing sector.
Electric Vehicle industry

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First Published: Jan 25 2023 | 1:32 PM IST

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