Private sector optimism in intermediate goods contrasts with stagnation in capital and consumer goods. Analyse this divergence. Examine what it reveals about India’s investment climate. Propose measures to correct this imbalance.

Q6. Private sector optimism in intermediate goods contrasts with stagnation in capital and consumer goods. Analyse this divergence. Examine what it reveals about India’s investment climate. Propose measures to correct this imbalance. (15 M)