 "SBI Conclave")
With the worst now behind, the Indian economy is on the cusp of a take-off with production-linked incentives (PLI) announced by the Centre giving several financial incentives to companies to invest in expanding capacities, chief executives said.
Speaking at the State Bank of India (SBI) Banking & Economic Conclave 2021, CEOs said they are re-evaluating their investment plans as capacity utilisation picks up pace. “We are seeing some movement in corporates. The present capacity utilisation in the economy is 60 per cent and once it moves to 65-70 per cent, then fresh investment will come up,” said Dinesh Khara, chairman
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