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Capital good sector 2012 13
1.
2. Comment
Announcement
Impact
Increased spending on major infrastructure projects
Higher allocation will result in all-round growth for the sector as it
will encourage more capital investment.
1
Positive
Positive for the entire sector
4. Comment
Announcement
Impact
Power sector to issue tax-free bonds worth Rs. 10,000cr for financing
projects; ECBs to part finance rupee debt of power projects; Customs
duty on imported coal to be waived off
These reforms will boost investment in the power and infrastructure
sectors, resulting in a surge in orders for the capital goods segment.
3
Positive
Positive for the entire sector