Predictions for 2024: Revival of private capex to be the defining trend, says Kumar Mangalam Birla

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Key Points

It drives innovation, creates employment, and stimulates economic activity..

In 2024, as private investments gain momentum, we will see a ripple effect across various sectors from manufacturing to technology, from infrastructure to renewables, says Kumar Mangalam Birla.ET presents predictions for the New Year made by leaders across the spectrum from automobiles, healthcare and technology to philanthropy, fashion and cricket...

The year 2024 opens with a 7%+ growth forecast, a buoyant stock market, and a set of financial indicators that are looking better than they have in the last several years..

Amidst a global economy grappling with uncertainties, Indias growth trajectory stands out, reflecting resilience and potential in comparison to most other markets...

The emphatic revival of private investments could well be the defining trend of 2024..

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