The management indicated challenges to the growth outlook due to stagnant private capex and concerns over semiconductor shortages for digital industries.
Government infra-spending may regain momentum from January 2025. There could be pickups across energy transition, mobility, data centres, electronics, chemicals, pharma, food & beverages, as well as core areas like steel, auto, and cement. However, digital industries like factory automation, process automation, and motion control may face headwinds for the next six to nine months.
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Esta historia es de la edición December 24, 2024 de Business Standard.
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Pioneer of parallel cinema dies at 90
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