Friday, July 11, 2014

Post-Budget reaction by Infogain

Post-Budget quote from Mr. Eddie Chandhok, President, Global Delivery, Infogain:

We congratulate the Modi Government on presenting the Union Budget 2014-15. We appreciate the boost given to the services sector as well as the small and medium enterprises. We can clearly see that an environment will be encouraged that helps create the financial, IP protection, VC and capital markets capabilities and ecosystem to promote innovation activity in India. One of the best move by the Government has been the revival of SEZs. For a company like Infogain which is looking at expanding our footprint in India, SEZs will really help enhance our plans. The focus on infrastructural development will go a long way in removing bottlenecks across the country. Under the able leadership of Mr. Narendra Modi, we feel that the Government will strive to create a high performing business environment with clear, unambiguous tax laws, legal framework, transparency and speedy resolution of conflicts.