Quants – Thematic – Gross fixed assets – identifying harbingers of growth
Published on 11 Nov 2025
Our analysis of long term gross fixed assets (GFA) suggests that gross fixed asset addition in five-year block period has been strongest during FY20-25 post FY10. In particular, construction material, electricity generation and consumer goods led the addition. Metals have been on a downward trend in past two five-year periods. On the contrary, the chemical sector has been adding capacity in past two five-year periods, which is likely to give growth once demand recovery happens.
