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Showing posts from February, 2022

Budget 2022 Impact of Gati Shakti Plan on Machinery Spare Parts and Tools & Hardware

 Finance Minister Nirmala Sitharaman has presented the budget 2022. BookMyParts.com has analyse the impact of Budget 2022 overall from its own business perspectives and outlook for manufacturing, industries and infrastructure segments and demand for Tools & hardware in particular. Finance Minister Nirmala Sitharaman has presented the budget 2022. BookMyParts.com has analyse the impact of Budget 2022 overall from its own business perspectives and outlook for manufacturing, industries and infrastructure segments and demand for Tools & hardware in particular.  The major highlights of the budget 2022 is 35 % plus increase in the capital expenditure of central government which is likely create demands across sectors and particularly among manufacturing sector and industries as a whole. In her budget speech, finance minister has mentioned that electronics manufacturing has been growing at a rapid pace and custom duties rates are calibrated to facilitate domestic manufacturing of wea