Mr. Pankaj Kumar Gandhi, Managing Director of Chartered Speed, “Union Budget 2022 has its wind blowing for the EV and Infrastructure sectors. Post pandemic, the economy is in recovery mode but still needs  vital support  to get back on track. The travel and tourism Industry is slowly blooming post the pandemic, we look forward for the budget allocation on Public transports and Infrastructural solution in this Union Budget. Focus should also be on reforms and incentives for manufacturing and infrastructure to accelerate EV consumption across the nation.

We are optimistic about the upcoming budget since the need for Zero carbon foot print is encouraged by the government, this will enable exponential growth in Electric vehicles. India is moving towards the electric revolution and we have the potential to become a Global hub of electric vehicles. We anticipate this budget will take a step forward by announcing reforms aimed at decreasing the compliance burden on businesses in order to encourage more enterprises (domestic and multinational) to invest in the country. The need to revive the economy is high priority, by creating job opportunities and for many start-ups in myriad sectors with the growth of the people so the nation can grow too.”