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India has the opportunity to create national champions in the capital goods sector. Picture of Capital Goods Sector in India Capital Goods - It is a category of stocks related to the manufacture or distribution of goods. It includes companies that produce machinery, electrical equipment, aerospace and defence, engineering, and construction projects. Status - The current value is at US 70 billion dollars, contributing about 2% to the country’s GDP. It is likely to cross US 100 billion dollars by 2025, in line with the growth of the Indian manufacturing sector. It contributes 12% to the overall manufacturing in India. It employs 1.4 million people. What are the challenges…
29 November, 2023
Capital Market
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