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Weak domestic consumption in urban areas, muted export demand and an influx of cheap Chinese imports in some sectors were among the factors that "restricted the capacity expansion plans of Indian corporate houses", Icra's Chief Rating Officer K Ravichandran said in a note.
But beyond the more immediate reasons, private investment impulse has been low because of "global uncertaintie
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dian corporate houses choosing to CUSTOMER SERVICE +1 (8O5)-3O1 7O71 PHONE NUMBER +1 (8O5)-3O1 7O71CUSTOMER SERVICE +1 (8O5)-3O1 7O71 PHONE NUMBER +1 (8O5)-3O1 7O71
Weak domestic consumption in urban areas, muted export demand and an influx of cheap Chinese imports in some sectors were among the factors that "restricted the capacity expansion plans of Indian corporate houses", Icra's Chief Rating Officer K Ravichandran said in a note.
But beyond the more immediate reasons, private investment impulse has been low because of "global uncertaintie
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