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Hopeful Of A Multi-Year Capex Cycle, Says Kotak’s Sanjeev Prasad
Sanjeev Prasad of Kotak Institutional Equities is hopeful of a pick-up in household and private corporate capex.
18 Jun 2021, 06:16 PM IST
The ingredients of a multi-year capex cycle — much needed for the Indian economy after years of consumption-driven growth—are in place, says Sanjeev Prasad, co-head of Kotak Institutional Equities.The cycle is likely to be led by household capex as people look to upgrade homes, followed by private sector investment which could get a boost from recent policy changes.“I’m hopeful about household capex, which is essentially money going ...
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