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▲ Bullish for Indian equities
Private capex outlook is rising, but what is driving project distress now?
The brief
- India’s private capex outlook is strengthening, while the causes of project distress are changing
- Stronger private investment may support Indian infrastructure and capital-goods companies
- Cabinet clears ₹1.86 lakh crore Green Energy Corridor-III for 135 GW renewable power
- Swastika Infra shares set to list after IPO subscribed 7.91 times
- FM Sitharaman meets AIIB President, suggests expansion of financing beyond physical infra
- AI market needs to reach $6 trillion annually by 2031 to fund infrastructure build-out
- KPI Green Energy bags ₹2,025 crore solar EPC order for 500 MW project in Rajasthan