Private capex losing steam in India: Can it delay the stock market revival? Experts decode
New Delhi, Oct. 15 -- While the Government of India has implemented a multi-pronged strategy, including aggressive public capital expenditure (capex) outlays in infrastructure, targeted production-linked incentive (PLI) schemes, and FDI liberalisation with new free trade agreements (FTAs), over the last few years to catalyse private sector investments, private capex in India has been languid after capex per enterprise peaked at Rs.260 crore in FY23.
Brokerage firm Systematix Shares and Stocks (India), in its report on 15 October, highlighted the findings of capex surveys of the National Statistics Office (NSO), which showed capex per enterprise peaked at Rs.260 crore in FY23 before falling to Rs.160 crore in FY26, with intended FY27 spen...
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