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While the Indian government will be spending Rs 7.5 trillion--its highest ever--as capital expenditure in building new infrastructure, fresh investments by Indian companies are still few quarters away as the government orders will come with a lag, say CEOs.
Delay in giving new orders by the government, litigation and mobilising workers in the pandemic-hit economy are some of the reasons cited by company officials in lack of capex by the private companies.
At present, barring few top companies like Reliance Industries, Adani, Tata and JSW groups, very few companies are investing in capital expenditure. While Reliance has announced investments of
