“We laud the budget presented by Mr. Piyush Goel today and believe it is a populist budget overall. Mr Piyush Goel announced 9 top dimensions to this budget and Make in India and Digital India were central to it. Expanding rural industrialisation using modern digital technologies to generate massive employment is the Fourth Dimension of the vision. This will be built upon the Make in India approach to developing grass-roots level clusters, structures and mechanisms encompassing the MSMEs, village industries and start-ups spread in every nook and corner of the country. India is now on the way to becoming a global manufacturing hub in various sectors including automobiles and electronics, defence and medical devices.

At Barco, we believe, building an ecosystem to spur local manufacturing is key for India’s success and a steadily growing economy. Not only does it amplify job opportunities, but also gives a competitive edge to build products and solutions “In India, For India.” This will allow companies like us to build quality products in the country, and focus on helping drive better outcomes for our customers. This will also help local manufacturers negate a price-focused strategy rather than a quality focused strategy.”