Private investments still somewhat measured in India
New Delhi, June 24 -- India is one of the most attractive investment destinations globally, but private investments are still somewhat measured because of global uncertainties, said Confederation of Indian Industry (CII) president R Mukundan. Domestically, while corporate balance sheets are healthy and capacity utilisation has improved, many firms are waiting for stronger and more durable demand signals before committing to large-scale investment projects, he said in an interview. Edited Excerpts:
The de-escalation and negotiations between the US and Iran is a welcome development that has helped ease concerns over energy security, trade disruptions and market volatility. However, it would be premature to assume that all risks have been elim...
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