Don’t see any pick up in investments in private sector, says CMIE

Mahesh Vyas, managing director and CEO of CMIE on Friday said that the investments in the private sector remained to be extremely low.

“Most recent numbers that we have been compiled for the quarter ended September 2018 show that investments still continue to remain very low,” he said.

“Private sector is not investing into new capacities at all except airlines … airlines keep buying aircraft and that adds a little to the private sector investment but there is no real pick up by the private sector in new investments at all,” he added.