With balance sheets of corporates being strong, combined with utilisation levels inching towards optimum levels, the capex cycle revival is expected to lead to a strong boost in orders for industrial and capital goods companies. This combined with China plus one strategy and Europe plus one story emerging, the narrative of India transitioning towards upping its manufacturing presence on a global level only strengthens, said Nitasha Shankar, PRS – Head Research, Yes Securities.
Manufacturing push can offset BoP pressure: Jaspal Bindra, Centrum Group
The new risk weightage norm is not a big challenge for Unity as we don’t have a big legacy book. But it will put a