The Fact Maker

Pre-budget expectation quote for Vummidi Bangaru Jewellers

Attributed to Mr. Amarendran Vummidi, Managing Partner, Vummidi Bangaru Jewellers

“The jewellery industry, a keystone of India’s economy, eagerly anticipates the upcoming budget. With gold exports being a significant contributor to the country’s revenue, we seek favorable government policies to enhance growth and sustainability. We look forward to incentives on gold jewellery exports to maintain its competitive edge. The industry also hopes for policies that will ensure affordable interest rates, enabling them to maintain liquidity and manage cash flows effectively. These measures will also be beneficial to create new jobs.”