Reliance Industries is also investing in a battery giga factory in the new energy business vertical that will be ready by 2026 even as its capex in Reliance Jio in 5G rollout is almost over
MUMBAI (Reuters) - Larsen & Toubro, India's largest capital goods company, expects the contribution from private sector projects to be at about a third of its orderbook as investment activity picks up, a senior executive said.
Corporate tax has been slashed. PLI scheme is offered. Stock market is confident. Foreign investment is pouring in. But why are Indian businesses shying away from more investment? Let's find out
India needs to show investors not only that they can achieve decent returns in the country but that their money is safe here
While revenue growth was robust in Q4, weak mix, costs dented profits
Gas supplies to power plants in the country increased by 11.65 per cent to 104.78 MMSCMD in April-June from 93.84 MMSCMD in the same quarter last year
All its factories and warehouses are open, barring the one in Assam.
Capacity utilisation, they said, varied between 20 and 40 per cent at their units, hardly good news for a sector that was looking to recover from a general consumption slowdown
The rise in new projects is despite a fall in capacity utilisation
The errors and misapprehensions that led to constant optimism about Indian growth
Capacity utilisation had improved gradually from 71 per cent in the aftermath of demonetisation to 76.1 per cent in January-March 2019
The component manufacturers have found themselves fighting the downturn with lower utilisation of existing capacity
This survey provides a snapshot of demand conditions in India's manufacturing sector
A gauge of capacity utilisation is also provided by the RBI data on working capital loans
GAIL, NMDC, Hindalco, Somany Tiles, Petronet LNG and Maruti have seen big increase in this metric