Stronger Capital Goods Imports Adding To India’s Current Account Deficit Woes
A reach stacker moves a shipping container at the Jawaharlal Nehru Port, operated by Jawaharlal Nehru Port Trust, in Navi Mumbai, Maharashtra, India, on Saturday, December 16, 2017. (Photographer: Dhiraj Singh/Bloomberg)

Stronger Capital Goods Imports Adding To India’s Current Account Deficit Woes

Growth in the Indian economy has strengthened. A modest pick-up in the investment cycle is underway. That’s the good news. The bad news is that a continued pick-up in investments could widen India’...
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