Array Networks’s Post-Budget Take
Union Budget 2013-14 has been presented. Lots of expectations have been dashed; Lots of unexpected measures have been introduced. In our earlier post, we had put forth the collective expectations of the IT industry. Post-budget, while India Inc. sits with fingers crossed, there had been mixed reactions from the IT industry corridor. For the benefit of the readers, we are presenting some of the select budget reactions from IT’s most familiar names and faces.
Let’s hear what Mr. Shibu Paul, Country National Sales Manager, Array Networks, has to say:
Growth is the fundamental issue and budget had ingredients enough to simulate growth and I consider it as bold and progressive. Increased focus on leveraging IT for public sector will definitely help domestic IT market development in a big way. Focus on reforms to boost investment in infrastructure will definitely have a huge positive impact on the overall market. Another key point in the budget is about skill development. With the exponential growth of youth in India this can change the demographics and help drive the economy. Within the given constraints I believe this is a very prudent, balanced and definitely progressive. I guess emphasis could be more on rural development to bring down the urban-rural divide.
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