 "Decadal perspective of the Modi government: Turn of the business cycle")
Challenges
Capacity utilisation has been inching up but private companies are not investing big in new factories and
other assets
Geopolitical uncertainty and a wait-and-watch approach ahead of elections are said to be key factors in lower capex
Takeaways
Three major economic corridors for port connectivity, high traffic density, and an energy, mineral and cement corridor project
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Push for strengthening deeptech technologies for defence purposes
Turn of the business cycle