Steady and cautious: What India's conglomerates are doing for capex push

Companies are reluctant to invest in new factories and plants when existing capacity is not fully utilised

Sachin P Mampatta | Mumbai
Last Updated at January 12, 2023 14:25 IST

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Finance Minister Nirmala Sitharaman told Parliament on Wednesday that companies are increasing investments in factories and other assets, helped by government incentives such as the production linked incentive (PLI) Scheme.

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