{"id":405724,"date":"2021-03-19T08:29:38","date_gmt":"2021-03-19T02:59:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405724"},"modified":"2021-03-19T09:02:42","modified_gmt":"2021-03-19T03:32:42","slug":"lt-abb-india-analysts-bet-on-capex-related-plays-amid-economic-revival","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lt-abb-india-analysts-bet-on-capex-related-plays-amid-economic-revival\/","title":{"rendered":"L&amp;T, ABB India: Analysts bet on capex-related plays amid economic revival"},"content":{"rendered":"<p>India is on the verge of a multi-year capex cycle led by government-funded infrastructure, believe analysts, and prefer capex-related plays over consumption bets in the current market environment. Private Capex, they say, will boost growth beyond fiscal 2023-24 (FY24). <\/p>\n<p>That apart, the decision to set up a government-owned development finance institution (DFI) that can leverage around Rs 3 trillion from the markets going ahead to provide long-term funds to infrastructure projects is an added advantage that will go a long way in boosting the prospects of the capex-related plays, feel analysts. <\/p>\n<p>&#8220;We see India on the cusp of a multi-year capex cycle, similar to that in FY03-12. Our bottom-up analysis suggests $356 billion worth of projects could be awarded cumulatively in FY22-23,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is on the verge of a multi-year capex cycle led by government-funded infrastructure, believe analysts, and prefer capex-related plays over consumption bets in the current market environment. Private Capex, they say, will boost growth beyond fiscal 2023-24 (FY24). That apart, the decision to set up a government-owned development finance institution (DFI) that can leverage around Rs 3 trillion from the markets going ahead to provide long-term funds to infrastructure projects is an added advantage that will go a long way in boosting the prospects of the capex-related plays, feel analysts. &#8220;We see India on the cusp of a multi-year [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-405724","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=405724"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405724\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}