India’s prospects brighter in 2024, retain fastest-growing spot: Assocham

Construction and infrastructure-related sectors have received a push, with the government capex spending rising so far in FY24. Meanwhile, The centre’s capex spending was up nearly 55% compared with last year between April- October, whereas states have spent 40% more from last year. India’s GDP expanded 7.6% in the second quarter due to double-digit growth in manufacturing and investment.

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