ET Now: What do you think of the Budget?
Adi Godrej: Clearly this budget is growth oriented, it is development-oriented especially in the agri and rural sectors which have suffered recently. What would be absolutely great is if in this budget session they could pass the GST constitutional amendment bill because the combination of a good budget and the GST could be very growth oriented.
ET Now: When do you think that the capex cycle for corporates will pick up? Right now, the economy is just moving on two cylinders of public spending and private consumption.
Adi Godrej: Private capex will pick up when demand picks up. I think this budget has done in a fair amount for demand picking up and of course GST would do a lot. So when demand picks up, private sector investments will pick up tremendously.