ADVERTISEMENT
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.
August 2025
As India continues to be the world’s fastest-growing major economy, Fortune India presents its special issue on the nation’s Top 100 Billionaires. Curated in partnership with Waterfield Advisors, this year’s list reflects a slight decline in the number of dollar billionaires—from 185 to 182—even as the entry threshold for the Top 100 rose to ₹24,283 crore, up from ₹22,739 crore last year. From stalwarts like Mukesh Ambani, Gautam Adani, and the Mistry family, who continue to lead the list, to major gainers such as Sunil Mittal and Kumar Mangalam Birla, the issue goes beyond the numbers to explore the resilience, ambition, and strategic foresight that define India’s wealth creators. Read their compelling stories in the latest issue of Fortune India. On stands now.
"Budget 2024 positions India as a technology-driven and knowledge-driven economy, reaffirming our commitment to sustainable development," he adds.
Fortune India is now on WhatsApp! Get the latest updates from the world of business and economy delivered straight to your phone. Subscribe now.