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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!"

Published on: Feb 28, 2006 05:45 PM IST
None | By , New Delhi
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PK Goenka Managing director Kitply, says that the current budget "is an icing on the cake for us"!

HT Image
HT Image

"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.

 
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