Rs 8.45 trn & rising: Orders flood major capital goods firms
Indias leading capital goods and engineering firms are in the midst of one of their busiest seasons, with the combined orderbook surging past Rs 8 trillion in value. As on September 30, 2023, 13 of Indias top 15 listed capital goods and engineering firms, for which data for the September 2023 quarter was available, had a total orderbook worth Rs 8.45 trillion - a number unseen at least since 2018-19. This intuitively looks like an all-time high factoring in inflation, said Anupama Arora, a senio...
Source: rediff.com