Since the global financial crisis, corporate investment has been weak in India. Sluggish corporate investment would not only moderate growth from the demand side but also constrain growth from the supply side over time. Against this background, this paper analyzes the reasons for the slowdown...

Purpose – The paper aims to examine empirically whether the business environment, especially costs of doing business, affects corporate investment in India. Design/methodology/approach – The paper uses a firm-level panel data set (Prowess provided by the Centre for Monitoring Indian Economy)...

Purpose – The paper aims to examine empirically whether the business environment, especially costs of doing business, affects corporate investment in India. Design/methodology/approach – The paper uses a firm-level panel data set (Prowess provided by the Centre for Monitoring Indian Economy)...