Growth ahead

BS Compass

 One of the main factors holding back economic growth in the past several years has been the lack of investment demand. Increasingly, however, there are signs of a return of capital expenditure plans.

 Consider, for instance, the power sector, which has for long been in a supply deficit, and is now finally seeing growth in generatiing units. This has come about mainly over the last year.

 As a result, the order books of equipment manufacturers are full. Bhel