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Mr. Sridhar Venkiteshwaran, CEO of Avalon Consulting, has been quoted in Financial Express

By Avalon ConsultingJune 9, 2022April 24th, 2023No Comments

According to Sridhar, capacity utilisation in the automotive sector is still on the lower side, which will make them circumspect on expansion. However, sectors such as chemicals, paints, pharmaceuticals and consumer goods are having high capacity utilisation. Even though these sectors experienced higher capex allocation over FY22, high inflation levels will increase the capex costs and hence, will lead to calibrated capex plans in FY23.

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