Budget 2016 - 17 - Mr. Pau Abello, Managing Director, Roca Bathrooms Products Pvt. Ltd.

"We as a brand, have been the frontrunners in the industry to promote self-hygiene and clean environment for the people in the country. Abiding to the PM's commitment towards, Swachh Bharat Abhiyaan, the allotment of Rs. 9,000 crore for the campaign is bound to give results this year to the sanitaryware industry. Other key takeaways from this budget like, additional discount of Rs 50,000 on home loans (Upto Rs 35 Lakh) for the first time buyers and 100 percent exemption of profit for developers and Exemption from service tax on construction of affordable houses up to 60 square metres will also help grow the real estate industry and consequently the allied sector like ours."

Source : Equity Bulls

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