In fiscal year 2012-13, the CAPEX plans of 17 CPSEs were identified for close monitoring. |
Most PSU heads assured Chidambaram of meeting the capex target for this fiscal. |
Even so, the US will still account for 30 per cent of the total capex. |
Capex is usually the last factor to turn in a cyclical recovery. |
While capex plans for this year have improved, they still remain listless, despite the strong Canadian dollar, which reduces the cost of capital equipment. |
Although not as dramatic as the opex savings, NSP's analysis includes also found significant capex savings. |