business / news / / Lokmat Times
Morgan Stanley has struck an optimistic note on India, identifying the turbulence as a catalyst for long-term investment growth.
Morgan Stanley has raised India's FY30 investment-to-GDP ratio estimate from 36.5% to 37.5%.
KEY POINTS
- India's capital expenditure may see an additional $800 billion over the next five years.
- Nearly 60% of incremental investment will target energy, data centres, and defence sectors.
- India's data centre capacity is forecast to jump from 1.8 GW to 10.5 GW by FY31.
- India plans to increase defence spending to 2.5% of GDP by FY31, emphasizing indigenisation.
COMPANIES
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