The Union Budget expectation quote on behalf of Yamaha. The quote can be attributed to Mr. Roy Kurian, Vice President- Sales & Marketing, Yamaha Motor India Sales Pvt. Ltd.
“The implementation of GST will ensure seamless movement of goods and services along with an impressive increment of GDP as India develops into a big market for automobiles. Lower excise will boost market sentiment and foster the ‘Make in India’ campaign. Investment friendly economy and positive stimulation in demand would also increase market liquidity. Secondly, demonetisation effect would diminish in coming months and people would slowly get used to banking . Government’s initiative of incentivising a common man for online purchase would have positive impact overall. Union budget is also expected to have changes in income tax structure leaving more disposable income with consumers eventually boosting the economy. The two-wheeler sector also hopes that the rural infrastructure is given due share, as the development will directly lead to rise in sales.”
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