India's Capex Revival to Boost Defence, Capital Goods

A report says that India's spending on big projects (capex) is starting to pick up.

This is good news for several industries.

Defence companies will get more money and orders, especially from the government.

They might also sell more products to other countries.

Companies that make big machines and equipment (capital goods) will also do well because they have a lot of orders and can make more profit.

Factories and electronics companies will benefit too, as more companies want to make things in India instead of China.

Also, more people are building houses, which helps companies that make building materials.

All these things together mean that these industries will grow a lot in the next few years.