India Inc’s wish list

“THEY DO WANT to invest.

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But they will do so if there is demand. Hopefully, with the GST rate rationalisation in place, there are signs of a demand pickup. Once that happens, investment will kick in,’ he said.The industry's wishlist, submitted through the Confederation of Indian Industry, includes a 12% year-on-year increase in government capex in FY27 to 12.6 lakh crore, a three-year privatisation pipeline, tax credits, faster land approvals for private investment and a national public-private partnership policy.

Nadir Godrej, chairperson of Godrej Enterprises Group, said companies are first focusing on sweating existing assets. “There is de-bottlenecking of existing capacity that is possible without investment into new capacity. Companies will be focused on this first before looking to set up new plants,” he said.