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Uptick in corporate capex speeds up growth drive

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Uptick in corporate capex speeds up growth drive
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17 April 2024 6:45 AM IST

New Delhi: Global brokerage Morgan Stanley expects the capex recovery in India to become broad-based with private capex to lead the next leg of recovery. Anecdotal evidence suggests nascent signs of a pickup in corporate capex, reflecting new investment announcements made recently, with approval for three semiconductor chip manufacturing plants entailing an investment of $15 billon and the new approved EV policy that could trigger investments in electric vehicles, the brokerage said.

Morgan Stanley Capex Recovery Private Capex Corporate Capex Investment Announcements Semiconductor Chip Manufacturing Electric Vehicles Economic Recovery Nascent Signs 
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