7 factors contributing to India's capex cycle revival
- Posted on October 22, 2024
- By Business News Today
- 2 Views
7 factors contributing to India's capex cycle revival
For most of the past decade, India's capex growth remained subdued. From 2013 to 2018, capex growth averaged around 3-4%, with infrastructure and manufacturing facing underinvestment. This slowdown was primarily due to policy uncertainties, weak demand, high corporate debt, and challenges in land acquisition and project approvals.