Tax cuts will make India competitive, but they alone can't drive capex cycle, says Macquarie

2019-09-24 35

Dharmesh Arora, MD of Schaeffler India and Inderjeet Bhatia, head of research – India of Macquarie shared their views and outlook on the impact of the tax cuts on businesses. They also discussed capital goods sector - if there will be a spur in investment demand and the capex cycle.