BusinessPhoto: MintPrivate Investment Rises as Indian Firms Strengthen Balance Sheets
Union Finance Minister Nirmala Sitharaman stated at the Bloomberg New Economy Forum that private investment in India is reviving. Domestic companies have strengthened their balance sheets, attracting capital in sectors like renewable energy, semiconductors, pharmaceuticals, and aviation. After a difficult phase post-2013-14 due to poor asset management and loan defaults, reforms and corporate debt cleanup have improved the situation, boosting private capital inflows.
Mint·
