Pre-budget quote as below:
Mr. Pravin Kumar Agarwal - Managing Director and Chairman, Garuda Construction and Engineering
"As the upcoming budget approaches, Garuda Construction and Engineering Limited is confident in the government's sustained focus on infrastructure development and capital investment. The construction and engineering sectors are key drivers of national growth, and we are eager to see policies that facilitate the acceleration of crucial infrastructure projects, particularly in urban development, large public spaces, and transportation networks. We are hopeful for increased budget allocations towards public-private partnership models, allowing specialised EPC players like us to take on large-scale, complex projects across various sectors. A progressive budget prioritising infrastructure, hydropower, and the development of expansive community spaces will not only strengthen the backbone of our sector but also propel India towards inclusive and environmentally sustainable growth. We expect the budget to focus on building sustainable energy infrastructure, including hydropower projects across states, which are vital to achieving the country's renewable energy targets. Additionally, we look forward to reforms that address liquidity concerns, streamline project execution through regulatory simplifications, and incentivise technological advancements in construction. A strong emphasis on sustainability initiatives, such as promoting green building materials, energy-efficient infrastructure, and eco-friendly development, would further enhance India's position as a global leader in sustainable progress."