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Weak demand, not supply, holding companies back from capex: Chinoy
short by System User / on Saturday, 11 January, 2025
In a recent address at the SEBI-NISM market summit, Sajjid Chinoy, the Chief Economist at JP Morgan India, attributed the 12% fall in corporate investments relative to GDP over the past decade to weak demand, not supply-side constraints. It can be noted that officially falling demand is still not accepted for the slumping growth, which is blamed on the missing capex by the private sector.
read more at News Karnataka