Intro: India is positioned at the cusp of a major corporate capex revival, with the report estimating potential for about Rs 20 lakh crore in new corporate borrowings over the period.
Corporate credit in India could expand 2.5 times over the next five years, driven by de-levered corporate balance sheets, improved profitability, a multi-decadal capex super cycle and a strong banking sector, according to a new report by OmniScience Capital.
India is positioned at the cusp of a major corporate capex revival, with the report estimating potential for about Rs 20 lakh crore in new corporate borrowings over the period. This follows a decade of structural deleveraging that has left companies with clean balance sheets and strong earnings.