Softer growth in central & state capex seen; construction to support rural incomes next couple of years: Pranjul Bhandari, HSBC
Pranjul Bhandari, Managing Director, Chief India Economist, Asean Economist, HSBC, says “the construction-led activity has given an alternate source of income to rural India. And all of these things come in cycles. I think we are on the upward side of a new financial cycle and things like credit growth, housing prices, construction activity all … Read more
