Rs 8.45 trn & rising: Orders flood major capital goods firms
India's 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 India's 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 senior independent analyst who tracks the capital goods sector.
Source: rediff.com
