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.
Keeping General Elections 2024 in mind, govt may surprise the middle class with some bonanza on housing, income tax or consumption front
Private consumption growth is likely to taper off, as the post-pandemic pent-up demand diminishes and persistent high food price inflation is likely to constrain spending, says World Bank.
Rural India reports uneven recovery as monsoon hits consumption in western and southern states.
Some reprieve has come on the merchandise exports during October 2023, says the finance ministry.
"As per our estimate consumption demand may be frontloaded by Rs 55,000 crore," says SBI chief economic adviser Soumya Kanti Ghosh
India, the world's office, will also become a major manufacturer, says Moody's
While Budget 2023 promises more disposable income, private consumption is unlikely to increase in a hurry.