Odisha leads in Q1 private capex

New private sector project announcements in India hit a four-quarter low in the three months ending June, as per CMIE data. Despite this dip in project numbers, total investments more than doubled year-on-year, reaching ₹3.5 lakh crore, with Odisha leading the way. Experts attribute the moderation to tariff uncertainties and subdued domestic demand, impacting capacity expansion plans.

from News-Economic Times https://ift.tt/GOyg7Iq