This has led to a very positive capex cycle, likely to start private sector capex cycle. This very good profit growth also led to strong government capex because tax collections were buoyant. So, it was a very strong demand, supply, earnings and valuations cycle.
Rise of new cities: Meet the new Gurgaons of India that are growing quietly but steadily
The Union government has outlined strategies to tackle rural unemployment and boost job growth in non-metro cities. The rise of satellite cities like Sri City,