P R Agencies

Union Budget 2013

Sudhindra Holla
Country Manager
Axis Communications India

"The 2013-14 Budget is optimistic for us, as we see growing potential for the surveillance industry and gradual adoption of technology to secure the society. In my view, the Government’s priority to allocate infra debt funds and create a regulatory authority for the road sector would surge investments in developing the infrastructure of the country. The special investment allowance of 15% for investments more than Rs.100 crore in plant and machinery will encourage the authorities to further their investments. In addition, there is an increased focus on establishing two ports and ATMs at all public sector banks, that will bring in economic value and also highlight the need for a secured monitoring system in this sector."