Published On Premiered Oct 7, 2024
Today we put the spotlight on India's capex cycle. Data from CMIE shows a fall in new investments to ₹7.3 trillion rupees in H1FY25, down 40% from the ₹12.14 trillion of new projects announced in H1FY24. However, this data follows two years of very strong growth in capex-- 6.9% growth in Gross fixed capital formation in FY23 and 8.9% in FY24. So, are we only seeing a temporary slowdown due to elections & heatwave? Has private capex taken the baton from government-driven capex? Catch Latha Venkatesh in conversation with Mahesh Vyas of CMIE and Nikhil Gupta of Motilal Oswal Financial Services.
#indiacapexcycle #indiacapexslowdown #indianewprojectinvestments #indiacorporatecapex #indiacapexoutlook #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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