Goldman Sachs Sees India’s Government Curbing Investment
- Spending on capex may slow as focus shifts to budget control
- Private sector has scope to boost investment, economists say
The new Parliament building in New Delhi.
Photographer: Prakash Singh/BloombergThis article is for subscribers only.
Sign up for the India Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly.
India’s government will probably scale back on its investment spending in the coming years as it curbs its budget deficit, said Goldman Sachs Group Inc., giving the private sector scope to pick up the slack.