THE BACKBONE of India’s economic growth lies in its houses and building construction, which significantly contributes to the gross fixed capital formation. At 55%, this sector is the largest driver of investments, with households accounting for nearly half of this share. Historically, households led the charge during peak capex cycles, bolstered by robust private sector investment. The current cycle, however, shows a slower pace of growth in construction, with both private and household capital expenditure lagging. Notably, households’ share of gross fixed capital formation has declined from a high of 37% in FY12 to just 28% in FY23.
Infographics
When The House Fire Is Far From Burning Bright!
Households’ share of gross fixed capital formation has declined from a high of 37% in FY12 to just 28% in FY23.
Stories
In Conversation: Jay Shah, Secretary, BCCI
Secretary Shah has put BCCI in the league of the world’s top sports bodies. Now set to take charge as chair of ICC, Shah discusses with Fortune India how he did it and the plans to globalise cricket.
Cricket’s Midas Man
Jay Shah’s focus on basics has catapulted BCCI to the pinnacle of cricket with a lion’s share in ICC revenues, and IPL raking in the moolah.
Jay Shah — Cricket’s Game-Changer
How the 36-year-old Shah led BCCI to the pinnacle of world cricket with focus on the basics and some ingenious strategies.
XLRI’s Booster Shot
The B-school, which has applied for deemed university status, is adding campuses, and increasing global footprint.
SPJIMR Nurtures Socially Sensitive Managers
Works on striking a balance between innovation and societal impact.
How We Did It
Fortune India’s Best B-schools 2024 survey.
Leave a Comment
Your email address will not be published. Required field are marked*