Budget Wishlist - Mr Aditya Loomba, Joint Managing Director, ECO Rent A Car

"I expect this year's budget to be a special one focusing on key growth agendas of our government. I hope that this years budget provides much needed stimulus to tourism, road infrastructure and the hospitality industry. The performance of the car rental industry in FY16 has been varied.

It is crucial to bring more power in to related sectors like transportation, tourism, automotive, construction, etc. which will help to boost the GDP of the Country.

It is equally important to put a thrust on the improvement of the road infrastructure as this will benefit the mobility services providers, like us, as people will see improving road network enable them to plan their travel by road, reduce travel time, de-congest the existing roads as alternate routes will be developed. Also, this will boost the car rental sector and encourage people to undertake more trips via using self-drives or other options of car-rental services."

Source : Equity Bulls

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