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Auto, consumer goods and durables firms hope for consumption boost: Budget 2017

Auto, consumer goods and durables firms hope for consumption boost: Budget 2017

Monday, January 30, 2017, 12:37 PM

Supporting and boosting consumption which struggled after demonetisation should be a key agenda for Budget 2017, say manufacturers and retailers of automobiles, consumer durables and packaged goods. The industry is hopeful of measures that create jobs and increase consumers’ disposable income. “For FMCG industry to grow, budget needs to put more money in hands of people,” said Sanjiv Mehta, CEO of Hindustan Unilever Ltd,
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