New Delhi: India's capital goods and power equipment sector is likely to remain subdued in the first half of FY27, with recovery expected in the second half, while a multi-year thermal power ordering cycle is likely to provide strong visibility to power equipment manufacturers, according to a report by 360 ONE Capital.
The report said order inflows remained strong, rising 19.2 per cent year-on-year, supported by continued momentum in private capital expenditure.
