Union Budget 2024-25 Reaction – Atul Bhatt, CMD, RINL

“The Union Budget FY 24-25 includes pivotal provisions for the development of Andhra Pradesh’s new capital, the Polavaram project, Industrial Nodes, and the backward regions of AP. These initiatives are expected to significantly boost steel consumption in the region, driving regional development. Additionally, the budget’s focus on urban housing, rural infrastructure, road connectivity, and airport development will further enhance domestic steel consumption, creating a positive outlook for the steel industry. RINL is committed to supporting these projects and contributing to the nation’s growth.”