Indian industry is eagerly awaiting a booster dose of business-friendly policies to rev up the economy and is expecting action from the prime minister just like the rural folk wait for the rain, Vedanta Group Chairman Anil Agarwal said.

Agarwal said the economy was broadly in good shape although there was a slowdown, and that his own company had big investment plans in power transmission, including building towers to connect every Kashmiri household to the grid.

Read more: The Economic Times