News > India Inc expects over 50% capacity utilisation in H2FY20: CII

India Inc expects over 50% capacity utilisation in H2FY20: CII

The Hindu | 04/10/2020 06:50 PM | Click to read full article

The Indian industry expects a steady recovery in the domestic economy driven by estimates of more than 50% capacity utilization in the second half of this financial year -- the first time since the start of the pandemic, according to the Confederation of Indian Industry.

CEOs of top 115 companies, who met at CII''s National Council earlier this week, indicated a revival of business sentiment and a gradual rise in expected corporate performance.

-