New Delhi, June 07 (ANI): Top business tycoons discussed growth in manufacturing sector, creation of non farm jobs and employment centric policies with Union Finance Minister Arun Jaitley to boost economy, during the pre budget meet in New Delhi. Federation of Indian Chambers of Commerce and Industry (FICCI), President Sidharth Birla advocated measures to improve manufacturing sector for an overall economic growth.
Chairman of the board, Videocon Industries Ltd, maker of electronics and home appliances, Venugopal Dhoot said that GST would usher in a new indirect tax regime which would subsume levies such as excise, service and local taxes.
Chairman and Managing Director of Biocon Limited, a biotechnology company based in IT hub Bangalore, Kiran Mazumdar Shaw was hopeful that the new government would fulfill its commitment towards economic growth.