BusinessTimes of India
Ficci chief Anant Goenka: It's for industry to take advantage of FTAs
in5points
Ficci president Anant Goenka says economic momentum is sustaining post oil price moderation.
Automotive, banking, and telecom lead demand growth; IT remains under pressure.
Manufacturing margins face stress into Q2 due to inventory issues.
The UK FTA kicked in on Wednesday; Goenka says it's for industry to convert deals into action.
Industry waits for ~80% capacity utilisation before adding capacity; export opportunities exist across sectors.