New Delhi, June 5 -- Private sector capital expenditure in India is continuing despite concerns over weak investment activity, although it is not growing at the pace policymakers and industry would ideally like to see, Chief Economist for India at Bank of America (BofA), Rahul Bajoria, said on Friday.

"Private capex has been happening. Perhaps it's not happening at the pace we would like it to happen," Bajoria said.

In an interview with ANI, Bajoria said businesses have had to navigate multiple disruptions over the past few years, including supply chain shocks, geopolitical conflicts and elevated inflation, which have affected investment decisions.

"A lot of companies have been dealing with a lot of supply shocks. Post-COVID, there has...