“We welcome the Budget’s focus on boosting India’s rural economy with a holistic focus on the agricultural sector including fisheries and animal husbandry, and increased outlays for the textile sector. India has the opportunity to grow its share of global trade in which food and textiles are important segments. Initiatives like improved minimum support price and operation green; increased outlays towards fisheries, aquaculture and animal husbandry funds; and setting up of food parks will strengthen the overall food ecosystem. We also congratulate the Government’s on broader electrification and use of technology in railways and for considering new technologies such as Block Chain and Artificial Intelligence. These coupled with continued focus on in-country infrastructure development will help connect smaller producers in India to global markets and improve the country’s overall competitiveness.
As a global integrator of container logistics, Maersk has been partnering Indian business for global trade since 1990. We recognize the potential of smaller farmers and businesses in the hinterlands and have been investing in building our in-country warehousing and container depot facilities to support these customers.”