Capital goods, construction firms see 69% jump in new orders in FY18

At Rs 2.80 trillion, companies chart recovery from a poor FY17

The order flow of listed capital goods and construction companies was worth more than Rs 2.80 trillion in 2017-18 — a rise of 69 per cent over the Rs 1.65 trillion in the previous financial year. 

In 2015-16, companies had reported orders worth Rs 1.94 trillion, according to the data of the Business Standard Research Bureau. A rise in the order flow, industry analysts and experts say, is not a norm in terms of growth but reflects improvement over the poor performance in 2016-17. 

“The growth rate is impressive, but one needs to look at the base effect too,” said