Morgan Stanley forecasts a 15.3% CAGR in India's infrastructure investments, totaling $1.45 trillion over five years, driven by PM Gati Shakti initiatives.
Morgan Stanley forecasts a 15.3% CAGR in India's infrastructure investments, totaling $1.45 trillion over five years. The firm selects Larsen & Toubro, NTPC, Titagarh Rail Systems, and UltraTech Cement as top stocks, with positive implications for the equity market. This growth is expected to be driven by the PM Gati Shakti initiatives, improving infrastructure efficiency, and reducing logistical costs.
June 20, 2024
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