An analyst says, due to excess capacity, investment in manufacturing will not be forthcoming At the start of financial year 2016-17, there seemed to be a government spending push, to thereby revive the private sector’s investment cycle in the infrastructure and energy spaces. As the next financial year begins, the wait for private investments might stretch by another year, say sector experts. “In manufacturing, there is excess capacity and so, investment will not be forthcoming. In ... Rediff.com, 2 weeks ago
The infrastructure sector's stakeholders expect a rise in budgetary allocation for 2017-18 and tax breaks to reinvigorate the industry."Over the last few years, the government has been trying to address the impediments to the infrastructure growth story.Prokerala, 2 months ago
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