With Budget Day less than a week away, exchange4media talks to some of the entrepreneurs whose businesses will be affected by the upcoming announcement, and asks them to share their thoughts on what they can expect, and what they are hoping the government will say that pertains to their sector .
Vijay Shekhar Sharma, Founder CEO of one of India’s leading mVAS companies, One97 Communications, felt that there was a great need for investments in India. He said, “I am worried about FDI and Indian markets behaving erratically. I hope the Finance Minister will be able to bring life back to markets and investments in India.”
He stressed that while there were great growth opportunities in the digital sector in India, be it online or on mobile, this would only be possible with a lot of infrastructural growth, which would require large infusions of capital to fuel development.
He pointed out that sectors like technology and infrastructure needed a lot of capital in building, and stressed on the importance of bringing in fresh investments to the country.
Budget '11: What digital entrepreneurs want – Hitesh Oberoi