Festive demand to support India's industry in H2 FY27
A report says festive demand and continued government capital spending should support India's industrial activity in the second half of FY27. It also warns that weak monsoon conditions, higher input costs and unfavourable base effects could weigh on production.
ContextFY27 is India's 2026-27 financial year, and H2 is its October to March half. Capital expenditure is government spending on assets like roads and railways, which often lifts factory demand.
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