India Inc will have to absorb inflation impact: ReNew Power's Sumant Sinha

Private sector capex is already picking up right now, there are investments happening certainly in the infrastructure space: Sinha

SUMANT SINHA, chief executive officer of ReNew Power and president of industry body Assocham, said private sector capex has already started picking up, especially in sectors like power. In an interview with Arup Roychoudhury, Sinha said rising inflation will impact the margins of companies who will be unable to pass on all of the higher input costs to consumers. Excerpts:

How would you assess the economic environment in FY23?

Macro-economically, we are in a pretty enviable position right now. We had structural issues that we have spent time and effort and energy resolving over the past seven years. And we are now