“Investment commitments in auto has overshot government expectation while on the other hand, investment commitments have underwhelmed government’s vision for ACC, textile, and mobile electronics,” SBI MF economists stated, pointing out that Rs 2.9 lakh crore of investment commitments had been received against the perceived capex target of Rs 5 lakh crore.
Thursday, 3 August 2023
PLI on track; investment commitments at 60% of capex target: SBI MF research
“Investment commitments in auto has overshot government expectation while on the other hand, investment commitments have underwhelmed government’s vision for ACC, textile, and mobile electronics,” SBI MF economists stated, pointing out that Rs 2.9 lakh crore of investment commitments had been received against the perceived capex target of Rs 5 lakh crore.
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