Private Capex surpasses central government capex
According to a report by ICICI Securities, corporate capex by listed non-financial companies rose by 20% YoY to exceed ₹11 lakh crore, outpacing the central government’s ₹10.5 lakh crore outlay. This rise in corporate capex reflects a broad-based growth across multiple sectors and signals a positive trend in the nation’s economic recovery.