Earlier there used to be a great demand following which all manufacturers created extra capacity. Along with this came new brands, all of which created extra capacity. Now, it is a situation of large capacities and no takers. This is bound to end soon, Budget or no Budget. Prices are crashing and maybe reaching realistic levels when purchases will again start improving.
Budgets are always a combination of short term and visionary measures.
Certain aspects help in long term benefits. Today, if India is on the world map, it is because of certain policy decisions taken more than five or more years ago. The ancillary industry in India has a brilliant future. The recessionary trend is part of life. The products coming out of this ancillary industry are of world class quality.