The Indian corporate sector will be able to resume full-scale operations in the fourth quarter of FY2022, thanks to a dramatic drop in the number of COVID-19 cases and the relaxing of lockdown requirements by many states.
Furthermore, the Indian private sector increased its investment plans in the fourth quarter of fiscal 2022, owing to evidence of economic recovery and an improvement in the capacity utilisation ratio.
In comparison to the 2,719 new projects worth Rs 4,14,415 crore announced in Q3/FY22, 2,467 new projects worth Rs 5,46,674 crore were launched in the fourth quarter of fiscal 2022.
