Capex revival on cards? Morgan Stanley’s Ridham Desai explains what’s likely to happen | HTLS 2025

Morgan Stanley's Ridham Desai argues that India’s IPO boom is not just about giving early investors an exit but also about recycling capital back into the economy. As investors cash out of mature companies, that money can be redeployed via new funds into fresh businesses and capex-heavy sectors, supporting a new round of investment and growth.