Managing Director and CEO of M&M Group Anish Shah stated that the interim budget has prioritized economics above politics, embraced budgetary discipline, and increased capital expenditures. Anish Shah stated on Friday that the manufacturing sector must contribute 25% of India's economic development in order for the country to reach its 2030 goal of being a developed nation (Viksit Bharat) with an economy valued at USD 30 trillion.

At the third ABP Network's "Ideas of India Summit 3.0" here, he shared his thoughts on the role businesses and industries will have to play in accelerating national growth and economic prosperity. He also mentioned that over the next seven years, the GDP of India is predicted to contribute to the global GDP at a rate equal to that of the European Union put together.

Beginning here on Friday, the two-day event has drawn participation from a variety of sources, including politicians, cultural ambassadors, industry experts, celebrities, CEOs, and economists.

India hopes to have a 30-trillion dollar GDP and become a Viksit Bharat BY 2047. This suggests that manufacturing should account for 25% of GDP. We should aim further and increase manufacturing by 16 times while exports increase by 11 times-stated Shah.

He said, "The interim Budget has adopted fiscal discipline, prioritized economics over politics, and increased investment in capital expenditures." In addition, he praised the Central Bank for its outstanding work in keeping inflation under control and mentioned that significant infrastructural development is underway to boost India's industrial sector.