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Pixxel's Expectations From Budget 2024 | NDTV Profit
NDTV Profit
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1/30/2024
What are tech companies' expectations from #Budget2024?
Pixxel CEO Awais Ahmed says a #PLI scheme would be helpful.
Stay tuned for budget coverage: https://bit.ly/3Sn7gay
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- This year I would say the FDI policy,
00:05
opening of the automatic route up to at least 74%,
00:08
which is what the defense industry is able to do,
00:09
would be a good start.
00:11
And maybe at some point in time 100% automatic,
00:13
obviously carving out national security exceptions
00:15
and so on.
00:16
A PLI scheme would be very helpful
00:17
for folks building within the country.
00:20
But even without that, there's also a few things
00:21
around import or export of components for satellites.
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