Private Capex Revival Signals Investment Cycle Turnaround, Says L&T Chief S N Subrahmanyan
India’s private sector is finally stepping off the sidelines and re-entering the capital expenditure arena, according to Larsen & Toubro (L&T) Chairman and Managing Director S N Subrahmanyan. In a recent interview, Subrahmanyan declared that “private capex is back,” marking a pivotal moment in India’s investment cycle after years of cautious spending. The shift, he…