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The auto and capital goods sectors had inflows of $815 and $1,157 million respectively as of April 15 on a year-to-date basis resulting in total inflows of $1.9 billion.
The trend in order inflow and project execution for leading capital goods companies remains encouraging. India’s largest infrastructure company L&T met two-third of its order inflow guidance for FY24 in the first six months. Its order prospects for the second half of the year grew by 39%.