Outlook for the Indian Capital Goods Industry
India has shown significant promise as one of the world’s rapidly growing economies. While focusing on its strength of resilient economic policy, the Indian Government will need to address important issues pertaining to the capital goods industry: such as, rising prices of raw materials, lack of skilled manpower, and ambiguous environmental policies. Only then India will be able to fulfill its ambition of becoming the global economic leader and deliver its mission of sustained development.
1. Outlook for the Indian Capital Goods Industry