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India Inc., Not Government, Will Have To Drive Growth This Year, Says Kenneth Andrade
Old Bridge Capital Management’s founder doesn’t expect big-bang spending from any government that comes to power.
12 Apr 2019, 09:56 AM IST
Indian companies will have to “stimulate growth” this year as newly elected regimes typically take six to nine months to kick off major spending, according to Old Bridge Capital Management’s Founder Kenneth Andrade.“I don’t think you will see big-bang spending from any government that comes to power,” Andrade told BloombergQuint. “The year following the election is usually a year when the government actually consolidates its balance ...
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