Due to government policy efforts, debottlenecking of previously stalled projects is underway in India. However, the country needs continuous new investment to create strong foundation for sustainable growth, says Nomura
The Increase in revived investment projects that were stalled suggest that debottlenecking of previously stalled projects is underway in India, due to government policy efforts. However, since these revived projects only make up a small proportion of overall investment and therefore, new investment needs to continue to accelerate to create a stronger foundation for sustainable growth, says Nomura.
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