Page 3 - Private Capex

Expectations of fresh round of private capex to fuel growth: RBI Bulletin

The Indian economy continues to sustain the momentum achieved in the first half of 2023-24 and expectations of a fresh round of capex by the corporate sector is likely to fuel the next leg of growth, the Reserve Bank Bulletin said on Tuesday. "The likelihood of the global economy exhibiting stronger than expected growth in 2024 has brightened in recent months, with risks broadly balanced," said an article on 'State of the Economy' published in the bulletin. It further said the Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high frequency indicators. "Expectations of a fresh round of capex by the corporate sector is likely to fuel the next leg of growth," said the article authored by a team led by RBI Deputy Governor Michael Debabrata Patra. The central bank has projected the GDP growth for 2024-25 at 7 per cent. On inflation, it said consumer price inflation came off its November-December spikes in its January 2024 reading, while c

Private capex has been very good, says Tata Power MD Praveer Sinha

Tata Power's Managing Director and Chief Executive Officer Praveer Sinha on Wednesday said the private capital expenditure has been "very good". Sinha, who is also the chairman of industry lobby CII's Western Region, said that he expects the upcoming Union Budget to continue with the existing policy framework. "I think the private investment has been very good," Sinha told PTI. He was responding to a query about concerns over sluggish private capital investments. According to him, the private sector is investing in new opportunities and technologies like artificial intelligence, sustainability, renewable energy and semiconductor technologies. India will play an important role in the global arena going ahead, Sinha said, affirming the private sector's commitment to contribute its best in the journey. Analysts are concerned about the lack of interest in the private sector to invest, which can be a major growth driver for the economy, despite the very high capacity utilisation.

Sustained rise in pvt capex is imminent with strong corporates' books: MCA

According to government data, private companies account for 95.6 per cent of the total active companies as of November 2023

Growth momentum continues, but private consumption and capex weak

Momentum may not sustain into next year; policymakers should stay vigilant and build buffers

Seeing growth in both public, private capex: ABB India's Sanjeev Sharma

At present, we don't have reason to believe in a slowdown, but we do anticipate saturation in one segment or another after certain investments, says Sanjeev Sharma, Country Head & MD, ABB India

TMS Ep390: Private capex, India's Oscar success, PSU stocks, bank run

What will it take for India Inc to raise capex? What does Oscar success mean for Indian film industry? Will PSU stocks sizzle despite missed divestment target? What is a bank run? All answers here

Higher govt capex help infra companies clock 17-20% revenue growth: Report

Higher government spending on infrastructure in FY24 will propel engineering, procurement, and construction companies to hit revenue growth of 17-20 per cent, taking their profit to the pre-Covid level, a report said on Tuesday. In the Budget 2023-24, the government has increased the outlay for capital expenditure (capex) on infrastructure sector by 33 per cent from Rs 7.5 lakh crore to Rs 10 lakh crore. Forecasting higher revenue and thicker bottom-line, rating agency Crisil in a report also placed their credit outlook positive citing improving debt metrics. The optimism is supported by the expected strong order inflows due to the government thrust on infrastructure in the latest budget. Profitability of large EPC (engineering, procurement, and construction) companies is seen improving and reaching pre-pandemic levels of 10-10.5 per cent next fiscal compared to 9-9.5 per cent this fiscal, with commodity prices easing. With healthy order books and recovery in profitability, debt .

Larsen & Toubro sees private capex revival aiding order inflows: CFO

Companies in metals, mining, energy transition, airports and data centres have driven orders from the private sector in recent quarters, says CFO R Shankar Raman

Results preview: Order-book booster to stay for capital goods firms

Key monitorables include tender pipeline and emerging supply-chain scenario, say analysts and players

Capex on new projects declines further in Q2 amid higher borrowing costs

Higher global borrowing costs are expected to affect growth prospects

TMS Ep260: India Inc investments, global bond indices, markets, EWS quota

Why are Indian businesses shying away from investments? What is stopping India from joining global bond indices? How'll markets react if US Fed goes for a 100 bps hike? What's EWS quota? Answers here

Broad-based private sector capex may take time till Q4 to revive: Experts

This is despite the announcement of expansion plans of some large companies, and is the outcome of the second wave

Infra funds' performance will hinge on revival in private capex: Experts

After the March 2020 market crash, all the major economies, including India, launched large monetary and fiscal stimulus packages to counter the slowdown

Deleveraging, lower capex and ARPU rise to aid RIL's earnings growth

Analysts see more gains in Reliance Industries stock

Private capital expenditure growth to revive after FY20, says India Ratings

While private capex has been rising in a moderate clip, government's capex growth rate has declined

Pvt capex to grow Rs1 lakh cr in 2 yrs, little focus on long-term projects

Estimate based on moderate consumption demand, global overcapacity and the working capital disruptions owing to GST