View: India Inc.’s spending splurge may not trickle down
- Posted on October 17, 2024
- By Business News Today
- 1 Views
View: India Inc.’s spending splurge may not trickle down
Indian conglomerates plan to invest $800 billion in the next decade. Most funding will go to existing businesses, but 40% will target new sectors like green hydrogen and electric vehicles. High interest rates, fiscal tightness, and local competition could pose risks. S&P sees execution and borrowing challenges due to unproven technologies.