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India's private capex faces challenges amidst optimism
India Ratings and Research (Ind-Ra) suggests a potential uptick in private investment if certain economic conditions persist.Read more
We ask customers to shift their supply chain cost from CapEx to OpEx
Leap India is a technology-driven asset pooling company dedicated to providing dependable and cost-effective supply chain solutions all across India. The company started in 2013, has taken a big leap and captured a good share of market. Sunu Mathew, Managing Director, LEAP India in this interview shares the success mantra and USP of the company.Read more
Budget 2023: Revving up manufacturing with duty revisions and capex boost
By allocating Rs 10 lakh crores for capital expenditure (which would be 3.3 per cent of GDP) and making minor changes in the basic custom duties, cesses and surcharges on some components, the budget aims to provide more opportunities for local manufacturing.Read more
PLI scheme to account for 13-15% capex in key sectors
Since its introduction in March 2020, PLI has been announced for 15 sectors, involving government incentives to the tune Rs 1.93 lakh crore, says CRISIL report.Read more
CRISIL: PLI scheme to lead to capex of Rs 2.5-3 trn
Production Linked Incentive (PLI) scheme has been announced for 15 sectors, involving government incentives to the tune Rs 1.93 trillion. The nine sectors have an export potential of Rs 11 trillion.Read more
Budget’s 35% capex jump to Rs 7.5 trillion underscores appetite for infrastructure steel
As per the Economic Survey released by the finance ministry, the performance of the steel industry is pivotal to the growth of the economy.Read more
Budget 2022 - Govt's Rs 7.5 lakh cr capex to augment machine tools demand: V Anbu
Budget 2022 is a booster shot for Indian manufacturing and ease of doing business, says V Anbu, Director General & CEO, IMTMA, who reflects on how the budget fares for the Indian machine tool industry.Read more
Budget 2022 - Govt increases capex by 35% to Rs 7.50 trn in 2022-23
In defence sector, 68% of the capital procurement budget will be earmarked for domestic industry in 2022-23, up from 58% in 2021-22. Defence R&D will be opened up for industry, start-ups and academia with 25% of defence R&D budget earmarked.Read more
Industrial investments in India to rise 30% in FY22-24: CRISIL
Without PLI scheme, capex would have likely taken nearly two years to touch pre-pandemic levels, says CRISIL Research. PLI holds the potential to generate Rs 2.2 lakh crore worth of capex over the scheme period (3-4 years).Read more
Budget 2021 to boost public transport; Railways to spend Rs 1.07 trn in capex
The government plans to deploy two new technologies i.e. MetroLite and MetroNeo to provide metro rail systems at much lesser cost with same experience, convenience and safety in Tier-2 cities and peripheral areas of Tier-1 cities. Read more