India’s Capex Momentum Builds as Investor Confidence Grows: CII’s Rajiv Memani
India Business News: Rajiv Memani, the new CII president, anticipates a strong rebound in India's economic growth, despite some sectors faci
CII President Rajiv Memani emphasizes that private-sector capital expenditure is firmly on the rise, with both private and public capex now “happening” across a range of industries backed by strong balance sheets, low debt, and easy capital access. He notes that while temporary flattening occurred in the past 3–6 months, the announcement of ₹3.5 lakh crore in new projects in the June quarter signals renewed investor confidence. As Chairman & CEO of EY India, Memani underscores that sustained growth will depend on easing regulatory bottlenecks especially in environmental and labour clearances and scaling up talent development.