1/2/2024, 4:54:03 pm

Private capex already picking up in India: Prashant Jain of 3P Investment

Private capex is already picking up in India because order books and order backlogs of engineering companies have been growing at a fairly decent pace, said Prashant Jain, of 3P Investments in a conversation with Moneycontrol. His comments come after Finance Minister Nirmala Sitharaman indicated a scaling up of private capex this year. Presenting the Interim Budget on February 1.