Jefferies predicts a 25% jump in India's government capital spending in the second half of 2025.

Jefferies predicts a 25% year-on-year increase in India's central government capital expenditure for the second half of the 2025 financial year, with overall spending up 15%. Despite the rise in populist schemes in state elections, the central government prioritizes infrastructure over welfare measures. The report also suggests the Indian stock market is stabilizing, supported by strong domestic investment.

November 30, 2024
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