BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
We have updated our India capex pipeline report first published in August 2021. We find that private sector capex announcements over FY21-FY22 (April 2020-February 2022) have crossed FY20 level.
Private sector capex announcements during Apr-20-Feb-22 stood at Rs 12.4 trillion, nearly doubling from Rs 6.6 trillion announced during Apr-20-July-21.
Private sector capex announcements in FY21-22 are up by ~48% from the Rs 8.4 trillion announced in FY20 and marginally above Rs 12.2 trillion announced in FY19.
Private sector capex is concentrated in few sectors with metals in the lead, accounting for 39.6% of project announcements by value, followed by clectronics (12.6%) and IT enabled services/data centers (~8%).
sectors that are above pre-pandemic levels in terms of private sector capex include metals, electronics, IT enables services/data centres, automobile and components and drugs and pharmaceuticals.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
