NICCT and EY Invitation: India Interim Budget 2024 – Guiding India’s Growth Momentum Amidst Global Challenges

08 - 08Mar2024

Indian economy grew at 7.3% in 2023-24 and projected to grow at 6.2% in 2024. As per EY report, India@100, Indian economy is expected to be US$ 26 trillion in 2047 and per capita income would be over US$ 15,000. India now has the largest population with median age of 28 years, offering a large pool of talent and large consumer base with increasing disposable income. Interim Budget 2024 lays roadmap of reach a GDP of US$ 7 trillion by 2030 with focus towards bringing fiscal deficit to 5.1% in 2024-25 and continued increase capital investments. Interim Budget 2024 has focusses on net-zero agenda with initiatives towards roof-top solarization, gap funding for offshore wind-farming, support EV ecosystem around manufacturing and charging infrastructure and attracting FDI in services and manufacturing with bilateral trade agreement and incentives.

In this context, it is our pleasure to invite you for a special live seminar on the India Opportunity for European HQ groups. The program will take place on Friday 8 March 2024, from 09.30 to 12.00hrs CET at EY Amsterdam (Antonio Vivaldistraat 150, 1083 HP AMSTERDAM). This program is supported by The Embassy of India in The Hague and will be led by Amit Jain, EY Leader Global Desk EMEIA and India Desk and Erwin Sieders, Tax Partner, EY Netherlands.

Our panellists will share about macro-economic overview of India, key sector growth opportunity, summary of India Interim Budget 2024, key incentives for new investment and opportunities for setting up shared service centres in India. The session will provide an overview to attendees about the key sector opportunities in India and recent investment by MNCs.

We are particularly pleased that these tax experts have agreed to share their expertise with you and to answer your questions.

This NICCT-program informs you about the India Union Budget 2024 and particularly on the parts relevant to you and your business in your activities with and in India, highlighting new opportunities emanating out of the recent tax and regulatory reforms.


09.30-10.00 hrs Registration, meet & greet

10.00-10.05 hrs Welcome & Opening by Edith Nordmann (Chairman - NICCT)

10.05-10.10 hrs  Welcome by Erwin Sieders (Partner International Taks – EY Netherlands) (moderator)

10.10-10.20 hrs Address by Satya Pinisetty (First Secretary (Economic & Commerce) - Embassy of India to The Netherlands)

10.20-10.40 hrs “India: Roadmap to a Developed Economy by 2047” by Anagha Deodhar (Senior Economist: India - ICICI Bank Limited)

10.40-11.25 hrs “Indian economy overview and opportunities for MNCs” by Amit Jain (Tax Desk Network EMEIA Leader – EY LLP London)

11.25-11.30 hrs Panel Discussion by Industry Representatives & EY Netherlands

11.30-11.35 hrs Closing Remarks by Erwin Sieders

11.35-12.00 hrs Informal networking

Do not miss this insightful session with the opportunity to ask these experts the questions that are relevant to you. You can register until 6 March 2024 via:

We look forward to welcoming you on Friday 8 March 2024.

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