According to the data from the Centre for Monitoring Indian Economy (CMIE), there was a sequential decline in value of competed projects since Q4FY23, when it stood at ₹2.15 trillion. At ₹1.19 trillion, the value of projects completed were 22.2% lower than the value in the April-June quarter and 14.4% less than in July-September 2022.
Experts have cited the lackluster investment environment due to tepid domestic as well as external demand conditions for the trend.
Diese Geschichte stammt aus der November 13, 2023-Ausgabe von Financial Express Mumbai.
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Diese Geschichte stammt aus der November 13, 2023-Ausgabe von Financial Express Mumbai.
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