India Infrastructure Report Q1 2014 - New Market Study Published
Construction activity in India has remained weak in FY2013/14 (April-March), and we believe this will likely remain the case for the rest of the fiscal year and early 2014/15. This is because some of the factors dampening construction activity in FY2012/13 - namely non-conducive monetary conditions, lacklustre infrastructure activity, and political risk - remain pertinent and have grown in prominence in recent months. That said, we believe a medium-term recovery could take place in India's construction sector and this is...
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