The Indian CE industry has witnessed substantial growth in the last two decades, albeit fluctuating between highs and lows. The reasons are not hard to find - prevailing uncertainties in the global economy and slowing down of infrastructure projects.
Tag: Ajay Kumar Somani
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Need big projects to take off: Experts
If there is a signal from the government for continuous development in the form of announcement of infrastructure projects, then equipment manufacturers will not shy away from further investments. A lot of manufacturers have come in, invested and are now waiting for such big projects to take off.