Kris Gopalakrishnan, President, CII Kris Gopalakrishnan, President, CII Kris Gopalakrishnan, said that the Finance Minister has highlighted the importance of the manufacturing sector, which is key to reviving the economy. “The performance of the manufacturing sector over the last one year has been consistently poor, and is in need of intervention by the government. The excise duty had been reduced in some of the most affected sub-sectors of manufacturing and would help revive demand in these sectors. The fact that deficit has been targeted at 4.1 per cent for the next fiscal sends a strong signal and should help confidence in the economy. The implementation of GST should also be a priority for the coming government." http://mybrandbook.co.in/unionbudget2014-Kris-Gopalakrishnan.html