The ongoing capex cycle comes on the back of a strong earnings cycle with positive implications for the industrial and banking sectors. There are expectations of a notable increase in capex as a share of GDP. Supply-side factors such as improving trends in financial sector balance sheets, steady banking sector impaired loans ratio and policy reform initiatives, point to a surge in investments. Robust demand conditions also can facilitate more than doubling of investments in the next five years. Here is a bird’s eye view.
Capex cycle on a strong wicket
Published on
September 13, 2022 15:56
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