New Delhi, Nov 13 || Gross fixed asset (GFA) addition in the five-year block period has been strongest during the financial year 2020 to 2025 (FY20-25) post FY05-FY10, a report stated on Thursday.
In particular, construction material, electricity generation and consumer goods led the addition. Metals have been on a downward trend in the past two five-year periods.
"On the contrary, the chemical sector has been adding capacity in the past two five-year periods, which is likely to give growth once demand recovery happens," PL Capital said in its report.
According to the report, the construction materials sector has witnessed significant volatility in GFA growth over the past two decades.
In FY05-10, GFA grew by 233.71 per cent, supported by rapid urbanisation, real estate expansion, and infrastructure development. Meanwhile, growth moderated to 94.68 per cent in FY10-15 due to project delays and reduced private investment.