India Inc lines up Rs 11.4-L crore capex despite global uncertainty
High execution rate: 96.3% of FY25 planned CAPEX was realised
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New Delhi: India Inc has lined up capital expenditure (CAPEX) worth over Rs11 lakh crore for FY2025-26, signalling strong private sector investment momentum, the government said on Monday.
According to a survey by the National Statistical Office (NSO) under the Ministry of Statistics & Programme Implementation (MoSPI), the provisional aggregate CAPEX for FY26 is estimated at Rs11.44 lakh crore. The survey, conducted between October and December 2025, covered large private enterprises across sectors.
The findings indicate robust execution of investment plans. Actual CAPEX for FY2024-25 stood at Rs173.5 crore per enterprise against an intended Rs180.2 crore, reflecting a high realisation ratio of 96.3 per cent. This suggests corporates largely followed through on their commitments.
In terms of investment strategy, 48.63 per cent of firms are focusing on core assets in FY26, while 38.36 per cent are investing in value addition to existing assets. Around 60.13 per cent of enterprises cited income generation as the primary objective behind CAPEX, followed by capacity expansion.
Internal accruals remain the dominant funding source, accounting for 65.35 per cent of total CAPEX. Domestic debt contributes 23.25 per cent, while equity and external sources, including foreign debt and FDI, make up a smaller share. Looking ahead, CAPEX intentions for FY2026-27 are estimated at Rs9.55 lakh crore. The NSO noted these projections are typically conservative, indicating sustained investment momentum.
Sectorally, companies are allocating 6.62 per cent towards green energy, 5.83 per cent to robotic equipment in manufacturing, and 2.83 per cent towards robotics across sectors, reflecting a growing focus on technology and sustainability.
