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Icing on the cake

PK Goenka Managing director Kitply, says that the current budget "is an icing on the cake for us!"

india Updated: Feb 28, 2006 17:45 IST

PK Goenka Managing director Kitply, says that the current budget "is an icing on the cake for us"!

"The excise on our finished products have become half to 8% and on our key raw material-veneer, duty has been abolished and is nil."

The organized plywood industry has been for years asking for a level playing field with the un-organized sector and we couldn’t have asked for anything better.

This coincides with the governments’ long term strategy to focus on infrastructure sector! 10 on 10.