An inclusive budget for the steel industry: Dilip Oommen, Essar Steel

Essar Steel

Indian Budget 2018

 Dilip Oommen, MD, Essar Steel
Dilip Oommen

This is a good and inclusive budget. It seeks to resurrect rural uplift, which is critical in giving a boost to the economy, which in case of India is largely an agrarian one.

The focus on infrastructure, the MSME sector, rural electrification, rural housing, food processing and the Railways (through increased spending) is a definite positive for the Steel industry. We were hoping for reduction in duties/cess on some key raw materials used by steel producers, but unfortunately they have been left untouched.

Dilip Oommen is the MD of Essar Steel

Manish Joshi
He has a work experience of nearly two decade and has been a part of various industries like Mortgage Finance, Retail F&G, Retail F&B, Real Estate and Hospitality. An avid reader, he prefers writing on business, technology and advertising. A traveler by heart and a part time writer, he is looking at publishing his first novel next year.