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Here's What May Drive India's Multi-Year Capex Cycle
Capex spending dried up in India as the global economy recovered from the 2008-09 global crisis.
04 Jan 2022, 09:35 AM IST
India’s private capex, a precursor to a prolonged spike in demand and economic growth, took a hiatus of about a decade. After a few false starts, analysts and companies say, it’s at the cusp of a multi-year surge.There are enough signs already. Order flows of capital goods makers are growing, companies have started pledging investments to avail production-linked incentives. And there is a shift away from China. All happening at the s...
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