New Delhi, Oct. 15 -- Private capital expenditure in India is likely to remain subdued in FY27 despite strong economic growth, leaving government spending and sectors such as energy transition and automation to drive investment, as per a report by Systematix Institutional Equities.

The report highlighted that private investment has failed to sustain its post-pandemic recovery despite several government measures aimed at encouraging companies to expand production capacity and increase spending.

However, "After peaking at Rs 2.6 billion per enterprise in FY23, private capex has fallen 38% to a provisional Rs 1.6 billion in FY26, with intended spending for FY27 showing no improvement," the report said.

According to a capital expenditure (...