[From Agriculture Point of View]
“A big relief is sensed in the condition of the agricultural sector with the announcement of Zero Budget farming that encourages zero credit for agriculture and prevents the use of chemical fertilizers. With the government on track to encourage small scale farming, the current policies will reduce the financial burden on the farmers and empower them to maximize on their produce and profits. In addition to this, the launch of 100 business incubators promises employment boost in the sector along with cluster-based developments that will ensure stable income to the people at the grassroots. Furthermore, the Government’s Jal Jeevan mission is in tandem with its vision to supply water to every household by 2024 with proper allocations. Danfoss looks forward to working with the Government in enhancing our nation’s food and water security and also, improving our farmers’ welfare while ensuring the overall economic stability of the country.”
[From Infrastructure/ Energy Point of View]
“With the Government’s vision towards “One Nation One Grid” – India is set to uncover a new frontier of development with its mission to ensure 24*7 power supply throughout the nation. As expected, the current budget continues to stress on Government’s focus on sustainable growth and infrastructure development. The announcement of an increase in allocation of funds towards building renewable energy capacity is sure to present newer avenues of growth in the employment way for an improved quality of life for communities across the nation. While the true test lies in the implementation, Danfoss believes that that government’s vision towards ‘Make in India’ and ‘Sustainable Growth’ will translate to India emerging as a front-runner of development at a global level.”
Ravichandran Purushothaman is the President of Danfoss India, the Indian subsidiary of global major in climate and energy solutions since 2013. With experience spanning over 28 years, Ravi has worked extensively in building businesses in India, Asia pacific and Europe. He has been a key member of the Danfoss Growth strategies in India, Asia Pacific and a key member of the global management teams.
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