Health of the industrial economic growth is based on Order books. Indian executives are most optimistic about their economy according to a recent Mckinsey study when compared to other countries including China and other major economies. A huge order book is seen for real estate, engineering, construction and capital goods manufacturers. Its a no brainer on which companies to look for investment purposes.

Business Standard reports

In the first 10 months of CY07, Indian firms received orders worth Rs 128,147 crore.

Contrary to hints of an economic slowdown, India Inc’s order books are overflowing.

Leading the charge are 79 real estate developers and engineering, construction and capital goods manufacturers that accounted for over 94 per cent of total orders received.

In the first 10 months of calendar year 2007, Indian companies received orders worth Rs 128,147 crore. This is 68.6 per cent more than Rs 75,984 crore in the same period a year ago.

Orders have been pouring in from Indian and foreign companies, the central and state governments and local bodies for construction of roads, power plants, refineries, turnkey projects, electronic goods and water and irrigation works.