Companies are working with the local administrations to help the local community.
Industry leaders said the capex cycle is reviving.
New Delhi, Apr 21 (PTI): Several industry captains have shown confidence in the economy s recovery prospects and said the capex cycle is reviving and companies are investing to augment their capacity as well as back-end infrastructure.
The business leaders, including Sunil Kant Munjal, Harsh Pati Singhania and Sanjay Kirloskar, participating in an AIMA event here, unanimously said the industry is better prepared for the second wave of COVID-19 than it was at the onset of the pandemic last year.
Hero Enterprise Chairman Sunil Kant Munjal said there is a tremendous opportunity to invest, both for the financial investors and industrial companies, according to a statement by the All India Management Association (AIMA). The Capex cycle, which was slow for 12-14 quarters, is reviving and companies are making serious Capex commitments for the next few
Several industry captains have shown confidence in the economy s recovery prospects and said the capex cycle is reviving and companies are investing to augment their capacity as well as back-end infrastructure. The business leaders, including Sunil Kant Munjal, Harsh Pati Singhania and Sanjay Kirloskar, participating in an AIMA event here, unanimously said the industry is better prepared for the second wave of COVID-19 than it was at the onset of the pandemic last year. Hero Enterprise Chairman Sunil Kant Munjal said there is a tremendous opportunity to invest, both for the financial investors and industrial companies, according to a statement by the All India Management Association (AIMA).