Post-budget quotes of spokespersons from Essar

Dhanpat Nahata, Managing Partner, Essar Capital:

“Given the current geopolitical landscape, India needed a decisive and forward-looking fiscal roadmap to maintain its position as one of the world’s fastest-growing economies. With the fiscal deficit targeted at 4.8% of GDP for FY25 and a structured plan to reduce it in the coming years, this budget sets the foundation for sustainable growth, fostering economic stability and ensuring India remains resilient in the global market.”

Srinivasan Vaidyanathan, Operating Partner, Essar Capital:

“The 2025 Union Budget effectively balances fiscal discipline with targeted, strategic investments. By focusing on critical sectors such as maritime, energy transition, and mining, the government is laying the groundwork for a ‘Viksit Bharat.’ These investments will also foster innovation and job creation, ensuring that economic growth remains resilient, sustainable, and inclusive.”