ET Awards 2022: India Inc Debates The Capex & Growth Commitment
The Morning Brief
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The Importance of Private Sector Investment in India
Is the manufacturing narrative overwhelming the services story which has been robust so far in India and has worked? First, I think the important bit is it's not an either or story. The services is a very strong bedrock, it has to grow. And we have seen the export of services. They've done extremely well. We do need manufacturing. It's not just that we can grow only with services. If it is driven by demand, I see no reason why manufacturing investment or capacity investment won't go up.
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