Indian industry on edge, as manufacturing tax sops near sunset

Indian companies have petitioned the Ministry of Finance, asking for an extension on the manufacturing tax sops set to expire in March 2024. The government had announced a lowered tax rate of 15 percent for new manufacturing setups in 2019, which was extended one more year—and companies want another extension, because of time lost to Covid-19 lockdowns. Forbes India's Samar Srivastava joins us to talk about this development