Morgan Stanley predicts India's capital expenditure cycle will continue, driven by government spending and a revival in private investment. The bank predicts India's investment ratio to rise to 36% of GDP by FY27, from 34% in FY24. The Indian government predicts 7.6% GDP growth in FY24. The central government capex is expected to rise to 3.4% of GDP in FY25, while the investment ratio increased by 12 percentage points to 39% in FY08. Read The Rest at :
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