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Union Finance Minister Nirmala Sitharaman's Union Budget 2024, presented today, addressed the dual imperatives of economic growth and fiscal responsibility. Commenting on the budget, Pawan Munjal, executive chairman of Hero MotoCorp, says, "The Government of India has undertaken exemplary initiatives to fuel the next generation of economic reforms. With an optimistic growth forecast of 7% for the fiscal year 2024-25, this budget reflects the significant progress our nation has made across various sectors. It embodies the government's vision of a #ViksitBharat, emphasising on employment & skill development, infrastructure advancement, manufacturing, energy, technology & innovation, and research & development."
The provisions for the rural economy and infrastructure, coupled with land reforms and ease of doing business, will further boost the overall economy.
The executive chairman of Hero MotoCorp stated that the budget further strengthens their commitment to supporting youth, farmers, women, and the underprivileged, ensuring inclusive growth and prosperity for everyone.
October 2025
As India’s growth story gains momentum and the number of billionaires rises, the country’s luxury market is seeing a boom like never before, with the taste for luxury moving beyond the metros. From high-end watches and jewellery to lavish residences and luxurious holidays, Indians are splurging like never before. Storied luxury brands are rushing in to satiate this demand, often roping in Indian celebs as ambassadors.
"Budget 2024 positions India as a technology-driven and knowledge-driven economy, reaffirming our commitment to sustainable development," he adds.
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