Making sense of sluggish private corporate capex
Measures to improve consumption demand and optimism in future growth will bring back private investment automatically
Measures to improve consumption demand and optimism in future growth will bring back private investment automatically
Morgan Stanley expects growth to be broad-based and the gaps between rural-urban consumption and private-public capex to narrow in FY25.
"We are now seeing early signs of private capex gaining momentum," says Morgan Stanley.
Translating these grand declarations into specific, actionable investment projects remains a challenge.
In the interim budget 2024-25, the government has allocated ₹11.11 lakh crore towards capital expenditure, up 11.11% from ₹10 lakh crore allocated in 2023-24.
FM Sitharaman's Interim Budget 2024-25, as remarked by PM Modi, seems to carry "confidence of continuity'
The allocation is up 11.1% from the budget estimate of ₹10 lakh crore for the current financial year.
Experts say after a huge 33% rise in CAPEX outlay in last year’s budget, this time GoI’s capital spending growth will weaken, though it could still have significant growth
Higher capex stabilised and drove India's economic growth
Ficci states Gross fixed capital formation reported an increase by 10.3% in 2023-24.