The government announced that India Inc has proposed capital expenditure plans exceeding Rs 11 lakh crore for the financial year 2025-26, showcasing a robust investment trend in the private corporate sector. According to a survey by the National Statistical Office (NSO) released by the Ministry of Statistics & Programme Implementation (MoSPI), the estimated provisional aggregate CAPEX for FY26 stands at Rs 11.44 lakh crore. This reflects a significant commitment to investment by companies.
The survey findings reveal a strong implementation of investment plans by corporates. In the previous financial year 2024-25, the actual CAPEX per enterprise was Rs 173.5 crore, close to the intended Rs 180.2 crore, resulting in a high realization ratio of 96.3 percent. This indicates a substantial follow-through on investment commitments by companies.
In terms of strategy, a considerable portion of enterprises, approximately 48.63 percent, are directing their CAPEX towards core assets in FY26, while 38.36 percent are focusing on enhancing the value of existing assets. The primary goal for around 60.13 percent of firms undertaking CAPEX is income generation, followed by capacity enhancement.
The survey also emphasizes that internal accruals remain the main funding source, constituting 65.35 percent of total CAPEX in FY26. Domestic debt contributes 23.25 percent, whereas equity and external sources like foreign debt and foreign direct investment have a smaller share. Looking forward, the survey predicts continued robust investment activity, with estimated aggregate CAPEX intentions for 2026-27 at Rs 9.55 lakh crore, indicating a positive corporate investment sentiment.
