Geopolitical tensions and the Red Sea crisis have increased delivery times for machinery, affecting production lines and capital goods planning for Indian companies like Amber Group and Havells India.
India Incs plans to increase capacity or set up new plants are stuck due to delays in the import of capital goods and machinery to build factories as manufacturers in China and Southeast Asia embark on their own expansion plans. That could potentially hobble their ability to meet any rise in consumption demand.
Capital Goods Train Delay: Geopolitical tensions and the Red Sea crisis have increased delivery times for machinery, affecting production lines and capital goods planning for Indian companies like Amber Group and Havells India.
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Analysts seem conservative in their projections. In fact, the target level set by some domestic brokers could well be breached before the end of this year itself