 "capex, capital, expenditure")
Companies in India are planning to accelerate investment in adding capacities in 2022-23 as consumer demand is showing signs of a pickup after two years of slowdown due to the pandemic and lockdowns, a dipstick survey of chief executive officers (CEOs) this month shows.
More than half the 19 CEOs this newspaper surveyed said they planned to increase investment by over 25 per cent this financial year over FY22 while 10.5 per cent said they would invest less than they did in the previous financial year.
Early this month, the Reserve Bank of India (RBI) had forecast investment was likely
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