Budget reaction: Retail sector: Infiniti Malls

3 Feb 2022 , 11:26 AM

“Budget 2022-23 is a balanced and forward-looking one, supporting the economic recovery of the country. The focal point is to stimulate the capital expenditure that will aid in employment generation and economic growth.

We welcome the decision to initiate the second phase of Ease of Doing Business 2.0, which focuses on making processes more seamless with the encouragement of digitization of the previous manual processes. The conscious decision to eliminate the existing overlapping compliances will definitely ease the functioning of the overall industry. A better policy will create an impact on the retail sector in the long term and will make the country an investment-friendly destination. The focused initiatives brought forward by the government will put India on a sustainable growth path.”

Mr. Mukesh Kumar, Chief Executive Officer, Infiniti Malls