Indian capital markets are kissing all time highs with flying FPI inflows and a stronger domestic investment climate. State Governments are being supported to invest on capital pipeline building infrastructures.
But, how does this look across the sectors?
A peek in to the sectoral dispersion indicates, it is largely the services that have driven the overall attractiveness along with some degree of merchandise. A larger set of manufacturing space is yet to build steam and fire engines including textiles, metals, capital goods, chemicals and consumer durables. And, there should not be a surprise that this will eventually follow with the right set of policies.