India's investment outlook strengthens as credit, exports rebound; inflation relief likely: HSBC
New Delhi, Nov. 9 -- India's investment outlook is strengthening as accelerating credit growth and rising corporate revenues point to stronger private capital spending, while a possible cooling of global energy prices could ease pressure on company margins, according to an HSBC report.
The report, titled "Why so down on India?" and dated November 6, said the economy's resilience warranted a reassessment of concerns surrounding higher energy costs and the impact of artificial intelligence on services exports.
"Accelerating credit growth, for example, hints at stronger investment spending to come, including by private firms that have for years lagged in the capex cycle," the report said.
Funds flowing to the commercial sector increased t...
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