Nirmala Sitharman: See No Reason For Cos To Hesitate From Invest, Expansion

The government has delivered on demand posed by industry over time and there is no reason for them to not ramp up investment and expand capacity, Finance Minister Nirmala Sitharaman said Thursday. “I hope there is no more hesitation for industry to invest further. To expand capacities, produce more in India,” Sitharaman said at Indian Foundation for Quality Management Symposium in Delhi. The government has been steadily taking steps to help the industry and met demands on ease of doing business, tax reforms, opening up foreign direct investment and forming policies conducive for industry, she said. “Today I have a basket of things on which the Government has delivered,” she said, answering to a query by Tata Sons Chairman N Chandrasekaran, urging industry to spell out what else is required by the government to do.