The years 2016 and 2017 witnessed major policy reforms by the government of India, including GST implementation, a boost to the renewable sector and some specific financial push to the overall infrastructure segment of the country. We expect the upcoming financial year to reap benefits of the investments and initiatives made by the government in the last few years.
Infrastructure is the backbone of an economy and we look forward to continued support from the government in developing a reliable, efficient, connected and safe eco-system for the citizens. With the Indian economy taking giant strides towards becoming a digital economy, the infrastructure segment especially power, building and transportation needs to leverage the technological advancements to drive efficiency and sustainability. Some key policies and encouragement for better digitization of our infrastructure would be a welcome move.
We believe digitization brings in energy efficiency and as a result, will help attain ‘Sustainable Energy For All’ to a large extent, along with our continued focus on renewables. Digitization can make our lives and value chain simpler.
Also, the definite shift towards electric vehicles and the resultant focus on setting up charging stations will also necessitate the need for strong last mile connectivity.
(Anil Chaudhry sharing his expectations from the upcoming Union Budget 2018)