Kiran Mazumdar-Shaw,
Chairperson & MD, Biocon


Kiran Mazumdar-Shaw, Chairperson and MD of Biocon termed the Budget as positive but largely directional and aspirational.



"This Budget is positive but largely directional and aspirational. I was expecting bolder reforms for boosting investor sentiments,” she said.



"The pronouncements on the retrospective tax issue, easier FDI rules, jobs creation in manufacturing sector and improving predictability in India`s tax regime will improve the investment sentiment in the country. As will measures for addressing the funding needs of small entrepreneurs," she added.