Mr. Sanjay Sharma, Chief Financial Officer, Tata Projects Ltd.
“I am pleased to acknowledge the positive trajectory set by the fiscal year 2024-25 budget, which clearly reflects a strong commitment to infrastructure development and overall economic growth of India. The substantial increase in capital spending by 11%, reaching 3.4% of GDP, and a record outlay for infrastructure, including the construction of three major railway corridors, establish a solid foundation for unprecedented development in the foreseeable five years. This augmented financial allocation, combined with the elevated outlay of Rs 11.11 lakh crores specifically earmarked for infrastructure in FY25, signals a determined stride towards unparalleled infrastructural growth. Furthermore, this financial commitment paves the way for achieving our national goal of becoming a developed nation by 2047.
As we embark towards an ambitious development of India in the next five years, Tata Projects is positioned to play a significant role in contributing to the nation’s economic prosperity and advancing its infrastructure. The positive budgetary trends align seamlessly with our commitment to excellence, and we eagerly anticipate actively participating in and driving the forthcoming era of growth and progress.”
