Will private capex finally recover in FY19?

Low capacity utilisation and economic disruptions have kept private capex muted 

Published 3 years ago on Mar 14, 2018 1 minute Read

Mahesh Nandurkar, India strategist, CLSA

Private investment can be classified into two parts — private corporate investment and private household investment. Given the low-level capacity utilisation, corporate capex recovery is unlikely in the near-term, but we are quite optimistic on household investment. Household capex is nothing but new house construction and is the largest component of the overall capex activity in the economy. Over the last four to five years, whil


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