DT
PT
Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds
search-icon-img
search-icon-img
Advertisement

India Inc resilient to tariffs; to invest cautiously: ICRA

  • fb
  • twitter
  • whatsapp
  • whatsapp
featured-img featured-img
File
Advertisement

Indian enterprises are well positioned to handle the impact of tariffs and geopolitical tensions, Moody’s Investors Service and its local arm ICRA Ratings said.

Advertisement

India Inc, however, will be “measured” in making investment decisions in the new fiscal because of the external headwinds, they said.

“Indian non-financial companies are not directly affected by US import tariffs due to their focus on domestic consumption and low dependence on exports,” a statement from Moody’s said.

Advertisement

It further noted that government initiatives to boost private consumption, expand manufacturing capacity and increase infrastructure spending will help offset the weakening outlook for global demand.

“Private capex to remain measured amid external headwinds,” it said.

Advertisement

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Classifieds tlbr_img2 Videos tlbr_img3 Premium tlbr_img4 E-Paper tlbr_img5 Shorts