Budget Reaction 2023: Simple Energy Pvt Ltd.

Mr. Suhas Rajkumar, Founder and CEO, Simple Energy.

“The budget for FY24 announced by FM Nirmala Sitharaman is encouraging on a lot of fronts, especially in the space we operate in. One of the key focus areas is Green Growth and the schemes announced are promising and we welcome the optimism ignited by the Finance Ministry in this space.

 These progressive schemes will surely enable rapid electrification in the country and encourage consumers to transition seamlessly towards green mobility which will help OEMs to script a robust growth story in the domestic market. Furthermore, we congratulate the Government of India on laying down its aim of reaching net-zero carbon emissions by 2070. We will work in alignment with the GoI’s aim to maximize growth opportunities in shaping a greener tomorrow.”