Home FEATURED NEWS Plunge in Capital Spending Set to Prolong India’s Slump

Plunge in Capital Spending Set to Prolong India’s Slump

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Plunge in Capital Spending Set to Prolong India’s Slump

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What Bloomberg’s Economists Say

“This year, we expect firms to focus on cash preservation and surviving the pandemic rather than risking valuable resources to chase an uncertain demand recovery. In addition, government’s decision to remain fiscally conservative, is further weakening the business sentiment.”

— Abhishek Gupta, India Economist

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