Global slump: Why corporate capex in India is unlikely to rise just yet
The corporate capex boom remains one of the most widely held expectations for India, which is yet to materialize. However, the absence of a pick-up is not unique to India. Using data on other major economies (such as China, euro-zone, Japan, South Korea, UK and US), together accounting for 70% of global GDP, we create annual data on global profits and corporate capex.
