New Delhi, Aug. 15 -- Mehul Pandya, Managing Director and Group CEO of CareEdge Ratings, believes that the primary reason for the slow pace of private capital investment in India lies in the private sector's cautious approach to capital commitments.

"Any private sector would like to see a sustained demand for themselves," Pandya said in an interview with ANI, where, among others, he shared his perspective on why private investment in India continues to lag despite significant government efforts, increased capital expenditure, and a strengthening economy.

Business expansion decisions are always rooted in "hardcore economic analysis," according to the CareEdge CEO. He noted that businesses require convincing evidence that future demand wi...