Post demonetization, retail consumer spending has rapidly collapsed. In this year’s budget, we were hoping for a solution in this space from the government to ensure that consumers are able to come back to the physical stores, thereby resulting in some growth in the consumer retail market. But at the same time, we’re quite hopeful of the entire initiative of making India an electronic manufacturing hub. It is definitely a step in the right direction and we are excited to learn more about it in detail in the final proposal.
@Technuter.com News Service