{"id":31306,"date":"2022-10-11T16:07:09","date_gmt":"2022-10-11T10:37:09","guid":{"rendered":"https:\/\/plyinsight.com\/?p=31306"},"modified":"2022-10-11T16:18:48","modified_gmt":"2022-10-11T10:48:48","slug":"industry-hesitating-to-invest-amid-global-headwinds-uncertain-demand","status":"publish","type":"post","link":"https:\/\/plyinsight.com\/hi\/industry-hesitating-to-invest-amid-global-headwinds-uncertain-demand\/","title":{"rendered":"Industry hesitating to invest amid global headwinds, uncertain demand"},"content":{"rendered":"<p><span style=\"color: #000000;\">India Inc is not confident of the durability of the demand recovery that together with external headwinds is not encouraging firms to increase investments.<\/span><\/p>\n<p><span style=\"color: #000000;\">Though private final consumption expenditure (PFCE), denoting demand in the economy, rose 13.5 per cent in the first quarter of 2022-23 (FY23) and was almost 10 per cent higher than the corresponding period of pre-Covid FY2019-20, businesses are not certain that demand will continue to gather momentum as the retail price inflation remained above the Reserve Bank of India&#8217;s threshold for the eighth consecutive month in August.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"color: #800000;\"><em><strong>The confidence of the private sector on the sustainability of demand is low, given economic headwinds. This is leading to lower appetite for investing to build capacity.<\/strong><\/em><\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\">Companies invest based on demand, which is not broad-based. That takes time to evolve.<\/span><\/p>\n<p><span style=\"color: #000000;\">High commodity prices, geopolitical uncertainties, and uneven consumer demand are likely to have prompted corporate India to deter their capex plans in spite of a healthy capacity untilisation in Q4 of FY2021-22.<\/span><\/p>\n<p><span style=\"color: #000000;\">According to the OBICUS (order books, inventories, and capacity untilisation) Survey conducted by the RBI, capacity untilisation in the manufacturing sector rose to 75.3 per cent in the fourth quarter of FY2021-22 from 72.4 per cent in Q3 of that year. Capacity utilisation levels have improved consecutively for three quarters in a row. In Q1FY2020-21, it had fallen sharply to 47.3 per cent because of the lockdown imposed by the government after the Covid-19 outbreak.<\/span><\/p>\n<p><span style=\"color: #000000;\">Capacity untilisation is likely to report a seasonal dip in Q1FY2022-23, exacerbated by uneven demand for goods and geopolitical headwinds.<\/span><\/p>\n<p><span style=\"color: #000000;\">The pre-Covid slowing down, the Covid shock, and the current fears of global growth Challenges owing to ultra\u2013touch monetary stances of central banks to tackle inflation are leading to continued capacity slack.<\/span><\/p>\n<hr \/>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>\u092e\u093e\u0902\u0917 \u092e\u0947\u0902 \u0938\u0941\u0927\u093e\u0930 \u092a\u0930 \u0938\u0902\u0936\u092f, \u0928\u093f\u0935\u0947\u0936 \u0938\u0947 \u0939\u093f\u091a\u0915\u093f\u091a\u093e \u0930\u0939\u0940\u0902 \u0915\u0902\u092a\u0928\u093f\u092f\u093e\u0902<\/strong><\/span><\/p>\n<hr \/>\n<p><span style=\"color: #000000;\">\u092d\u093e\u0930\u0924\u0940\u092f \u0915\u0902\u092a\u0928\u093f\u092f\u093e\u0902 \u092e\u093e\u0902\u0917 \u092e\u0947\u0902 \u0938\u0941\u0927\u093e\u0930 \u0915\u0947 \u091f\u093f\u0915\u093e\u090a\u092a\u0928 \u0915\u094b \u0932\u0947\u0915\u0930 \u0906\u0936\u094d\u0935\u0938\u094d\u0924 \u0928\u0939\u0940\u0902 \u0939\u0948\u0902 \u0938\u093e\u0925 \u0939\u0940 \u092c\u093e\u0939\u0930\u0940 \u0926\u092c\u093e\u0935 \u092d\u0940 \u0909\u0928\u094d\u0939\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u092c\u095d\u093e\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u092a\u094d\u0930\u094b\u0924\u094d\u0938\u093e\u0939\u093f\u0924 \u0928\u0939\u0940\u0902 \u0915\u0930 \u0930\u0939\u093e \u0939\u0948\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0939\u093e\u0932\u093e\u0902\u0915\u093f \u0928\u093f\u091c\u0940 \u0905\u0902\u0924\u093f\u092e \u0909\u092a\u092d\u094b\u0917 \u0935\u094d\u092f\u092f (\u092a\u0940\u090f\u092b\u0938\u0940\u0908) \u092c\u0924\u093e \u0930\u0939\u0947 \u0939\u0948\u0902 \u0915\u093f \u0935\u093f\u0924\u094d\u0924 \u0935\u0930\u094d\u0937 2022-23 \u0915\u0940 \u092a\u0939\u0932\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e \u092e\u0947\u0902 \u092e\u093e\u0902\u0917 13.5 \u092b\u0940\u0938\u0926\u0940 \u092c\u095d\u093e \u0939\u0948 \u0914\u0930 \u092f\u0939 \u0915\u094b\u0930\u094b\u0928\u093e\u0915\u093e\u0932 \u0938\u0947 \u092a\u0939\u0932\u0947 \u0935\u093f\u0924\u094d\u0924 \u0935\u0930\u094d\u0937 2019-20 \u0915\u0940 \u0938\u093e\u092e\u093e\u0928 \u0905\u0935\u0927\u093f \u0938\u0947 \u0926\u0938 \u092b\u0940\u0938\u0926\u0940 \u0905\u0927\u093f\u0915 \u0939\u0948\u0964 \u092b\u093f\u0930 \u092d\u0940 \u0935\u094d\u092f\u093e\u092a\u093e\u0930\u093f\u092f\u094b\u0902 \u0915\u094b \u092d\u0930\u094b\u0938\u093e \u0928\u0939\u0940\u0902 \u0939\u0948 \u0915\u093f \u092e\u093e\u0902\u0917 \u0906\u0917\u0947 \u0924\u0947\u091c \u0939\u094b\u0917\u0940 \u0915\u094d\u092f\u094b\u0902\u0915\u093f \u092d\u093e\u0930\u0924\u0940\u092f \u0930\u093f\u091c\u0930\u094d\u0935 \u092c\u0948\u0902\u0915 \u0915\u0940 \u0924\u092f \u0938\u0940\u092e\u093e \u0938\u0947 \u0916\u0941\u0926\u0930\u093e \u092e\u0941\u0926\u094d\u0930\u093e\u0938\u094d\u092b\u0940\u0924\u093f \u0932\u0917\u093e\u0924\u093e\u0930 \u0906\u0920\u0935\u0947\u0902 \u092e\u0939\u0940\u0928\u0947 \u0905\u0917\u0938\u094d\u0924 \u092e\u0947\u0902 \u092d\u0940 \u0905\u0927\u093f\u0915 \u0930\u0939\u0940\u0964<\/span><\/p>\n<hr \/>\n<hr \/>\n<p style=\"text-align: center;\"><em><span style=\"color: #800000;\"><strong>\u0906\u0930\u094d\u0925\u093f\u0915 \u0926\u092c\u093e\u0935 \u0915\u0947 \u0915\u093e\u0930\u0923 \u0906\u0917\u0947 \u092d\u0940 \u092e\u093e\u0902\u0917 \u0915\u0940 \u0928\u093f\u0930\u0902\u0924\u0930\u0924\u093e \u092c\u0928\u0940 \u0930\u0939\u0947\u0917\u0940 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\u0939\u0948\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u091c\u093f\u0902\u0938\u094b\u0902 \u0915\u0940 \u0909\u091a\u094d\u091a \u0915\u0940\u092e\u0924, \u092d\u0942-\u0930\u093e\u091c\u0928\u0940\u0924\u093f\u0915 \u0905\u0938\u094d\u0925\u093f\u0930\u0924\u093e \u0914\u0930 \u0905\u0938\u092e\u093e\u0928 \u092e\u093e\u0902\u0917 \u0928\u0947 \u0915\u0902\u092a\u0928\u093f\u092f\u094b\u0902 \u0915\u094b \u092a\u0942\u0902\u091c\u0940\u0917\u0924 \u0935\u094d\u092f\u092f \u092f\u094b\u091c\u0928\u093e\u0913\u0902 \u0915\u094b \u091f\u093e\u0932\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u092a\u094d\u0930\u0947\u0930\u093f\u0924 \u0915\u093f\u092f\u093e \u0939\u0948\u0964 \u092c\u093e\u0935\u091c\u0942\u0926 \u0907\u0938\u0915\u0947 \u0915\u093f \u0935\u093f\u0924\u094d\u0924 \u0935\u0930\u094d\u0937 2021-22 \u0915\u0940 \u091a\u094c\u0925\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u0915\u094d\u0937\u092e\u0924\u093e \u0909\u092a\u092f\u094b\u0917 \u092c\u095d\u093f\u092f\u093e \u0925\u093e\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0906\u0930\u092c\u0940\u0906\u0908 \u0926\u094d\u0935\u093e\u0930\u093e \u0915\u0930\u093e\u090f \u0917\u090f \u0913\u092c\u0940\u0915\u0938 \u0938\u0930\u094d\u0935\u0947 \u0915\u0947 \u0905\u0928\u0941\u0938\u093e\u0930, \u0935\u093f\u0928\u093f\u0930\u094d\u092e\u093e\u0923 \u0915\u094d\u0937\u0947\u0924\u094d\u0930 \u092e\u0947\u0902 \u0915\u094d\u0937\u092e\u0924\u093e \u0909\u092a\u092f\u094b\u0917 \u0935\u093f\u0924\u094d\u0924 \u0935\u0930\u094d\u0937 2021-22 \u0915\u0940 \u091a\u094c\u0925\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u092c\u095d\u0915\u0930 75.3 \u092b\u0940\u0938\u0926\u0940 \u0939\u094b \u0917\u092f\u093e \u0925\u093e\u0964 \u091c\u094b \u0909\u0938\u0940 \u0938\u093e\u0932 \u0915\u0940 \u0924\u093f\u0938\u0930\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 72.4 \u092b\u0940\u0938\u0926\u0940 \u0925\u093e\u0964 \u0915\u094d\u0937\u092e\u0924\u093e \u0909\u092a\u092f\u094b\u0917 \u0915\u0947 \u0938\u094d\u0924\u0930 \u092e\u0947\u0902 \u0932\u0917\u093e\u0924\u093e\u0930 \u0924\u0940\u0928 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u0938\u0941\u0927\u093e\u0930 \u0926\u0947\u0916\u093e \u0917\u092f\u093e\u0964 \u0935\u093f\u0924\u094d\u0924 \u0935\u0930\u094d\u0937 2020-21 \u0915\u0940 \u092a\u0939\u0932\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u0915\u094b\u0930\u094b\u0928\u093e \u092e\u0939\u093e\u092e\u093e\u0930\u0940 \u0915\u0947 \u0915\u093e\u0930\u0923 \u0938\u0930\u0915\u093e\u0930 \u0926\u094d\u0935\u093e\u0930\u093e \u0932\u0917\u093e\u090f \u0917\u090f \u0932\u0949\u0915\u0921\u093e\u0909\u0928 \u0938\u0947 \u092f\u0939 \u0924\u0947\u091c\u0940 \u0938\u0947 \u0917\u093f\u0930\u0915\u0930 47.3 \u092b\u0940\u0938\u0926\u0940 \u0939\u094b \u0917\u092f\u093e \u0925\u093e\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0935\u0938\u094d\u0924\u0941\u0913\u0902 \u0915\u0947 \u0905\u0938\u092e\u093e\u0928 \u092e\u093e\u0902\u0917 \u0914\u0930 \u092d\u0942-\u0930\u093e\u091c\u0928\u0940\u0924\u093f\u0915 \u0926\u092c\u093e\u0935 \u0915\u0947 \u0915\u093e\u0930\u0923 \u0935\u093f\u0924\u094d\u0924 \u0935\u0930\u094d\u0937 2022-23 \u0915\u0940 \u092a\u0939\u0932\u0940 \u0924\u093f\u092e\u093e\u0939\u0940 \u092e\u0947\u0902 \u0915\u094d\u0937\u092e\u0924\u093e \u0909\u092a\u092f\u094b\u0917 \u092e\u0947\u0902 \u0925\u094b\u095c\u0940 \u0917\u093f\u0930\u093e\u0935\u091f \u0926\u0930\u094d\u091c \u0915\u0940 \u0917\u0908 \u0925\u0940\u0964<\/span><\/p>\n<p><span style=\"color: #000000;\">\u0915\u094b\u0935\u093f\u0921 \u0938\u0947 \u092a\u0939\u0932\u0947 \u0915\u0940 \u092e\u0902\u0926\u0940, \u0915\u094b\u0935\u093f\u0921 \u0915\u093e \u091d\u091f\u0915\u093e, \u0914\u0930 \u0935\u0948\u0936\u094d\u0935\u093f\u0915 \u0935\u093f\u0915\u093e\u0938 \u0915\u0940 \u092e\u094c\u091c\u0942\u0926\u093e \u0906\u0936\u0902\u0915\u093e\u090f\u0902 \u092e\u0941\u0926\u094d\u0930\u093e\u0938\u094d\u092b\u0940\u0924\u093f \u0938\u0947 \u0928\u093f\u092a\u091f\u0928\u0947 \u0915\u0947 \u0932\u093f\u090f \u0915\u0947\u0902\u0926\u094d\u0930\u0940\u092f \u092c\u0948\u0902\u0915\u094b\u0902 \u0915\u0947 \u0905\u0932\u094d\u091f\u094d\u0930\u093e-\u091f\u091a \u092e\u094c\u0926\u094d\u0930\u093f\u0915 \u0930\u0941\u0916 \u0915\u0947 \u0915\u093e\u0930\u0923 \u091a\u0941\u0928\u094c\u0924\u093f\u092f\u093e\u0902 \u0928\u093f\u0930\u0902\u0924\u0930 \u0915\u094d\u0937\u092e\u0924\u093e \u092e\u0947\u0902 \u0915\u092e\u0940 \u0915\u0940 \u0913\u0930 \u0932\u0947 \u091c\u093e \u0930\u0939\u0940 \u0939\u0948\u0902\u0964<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>India Inc is not confident of the durability of the demand recovery that together with external headwinds is not encouraging firms to increase investments. Though private final consumption expenditure (PFCE), denoting demand in the economy, rose 13.5 per cent in the first quarter of 2022-23 (FY23) and was almost 10 per cent higher than the [&hellip;]<\/p>","protected":false},"author":1,"featured_media":31309,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3452],"tags":[1073,1632,667,2602,99,739],"class_list":["post-31306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-october-news-22","tag-bank","tag-consumer","tag-financial-year","tag-goods","tag-rbi","tag-reserve-bank-of-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Industry hesitating to invest amid global headwinds, uncertain demand - PLY INSIGHT<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyinsight.com\/hi\/industry-hesitating-to-invest-amid-global-headwinds-uncertain-demand\/\" \/>\n<meta property=\"og:locale\" content=\"hi_IN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industry hesitating to invest amid global headwinds, uncertain demand - PLY INSIGHT\" \/>\n<meta property=\"og:description\" content=\"India Inc is not confident of the durability of the demand recovery that together with external headwinds is not encouraging firms to increase investments. 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