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India Inc upbeat on sales, may increase capex, hiring in FY24: CEO survey

Rising raw material prices, stability in dollar, global geopolitics and rising domestic liquidity and interest rates may play spoiler, they say

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An overwhelming majority of Indian companies are planning to increase their capital expenditure and hire more in the new financial year beginning April even as they expect their sales to cross the pre-pandemic levels in the financial year ending last month, a dipstick survey of CEOs revealed
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First Published: Apr 02 2023 | 1:42 PM IST

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