CII had covered the state of investment projects in India on an aggregate basis, providing an analysis in terms of its classification on the basis of ownership, broad sectors and state-level.
Our analysis showed that the investment scenario in the country had suffered in the last five year or so as reflected by the significant rise in stalled/shelved projects coupled with decline in the new projects over the same time period. The trend across sectors and states was no different, with the crucial sectors such as electricity and services sector witnessing a rise in stalled projects over the period. In this issue, we dwell on the crucial manufacturing sector, whose recovery is critical for lifting the overall GDP growth in the economy. We have used CMIE’s CapEx database for extracting the relevant information. Continue reading
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