New Market Report Now Available: India Infrastructure Report Q4 2013
As expected, the factors dampening construction activity in FY2012/13 - non-conducive monetary conditions, policy inertia and lacklustre infrastructure activity - remain pertinent and are set to grow in prominence over the near- term. Meanwhile, material improvements in the business environment for India's construction sector have not taken place and the window for reform will continue to close as parliamentary elections draw nearer. Combined with a poor macroeconomic backdrop and new historical data, this has prompted us to take a more...
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