Goldman Sachs warns of muted capex growth in India
pre-market1 source ↓written by the desknot a recommendation
- in October
- 28% YoY drop
Goldman Sachs forecasts muted capex growth as India's fiscal tightening pressures tax collections. The Centre's capital expenditure may decline further to meet FY26 deficit targets, following a 28% YoY drop in October. This could slow infrastructure momentum, impacting economic growth and investor sentiment in the near term.
Not investment advice. For informational purposes only.