Private capex surges 67% to ₹7.7 lakh crore: CII
Amid strong momentum, the industry has proposed a five-point agenda to manage the ongoing West Asia crisis and beyond, including phased rollback of fuel consumption cuts, faster disbursement of MSME payments and front-loading of investments.
Also Read: India’s energy sector expects up to 6 per cent CAGR on multi-vector capex ramp-up: Citi
Manufacturing accounted for almost half of the total private investment expenditure at ₹3.8 lakh crore last September, led by metals, automobiles and chemicals. Services contributed ₹3.1 lakh crore or around 40%, driven by commerce, communications and IT/ITeS.
The analysis is based on data from nearly 1,200 companies in the Prowess database of the Center for Monitoring Indian Economy (CMIE).
“The 67% increase in private investment expenditure is by far the most important signal that India’s investment cycle is decisively transforming,” CII director general Chandrajit Banerjee said.
ET BureauPVT capital expenditure increased by 67% to ₹7.7 L Cr LAST September
He emphasized that the task of the sector going forward is to transform this enabling environment into the promised capacity, employment, exports and added value on a large scale.
As part of the action plan, CII said the industry could front-load FY27 investments in manufacturing, energy transition and digital infrastructure, while implementing voluntary price capping on key inputs and expanding internship recruitment under the Prime Minister’s Internship Programme, over the next 12 months.
The industry body also suggested that the excise duty cut of ₹ 10 per liter on petrol and diesel should be gradually rolled back over six to nine months as crude oil prices stabilize. Companies were also asked to commit to reducing fuel and energy consumption by 3-5% in the next two quarters through process optimization, efficient logistics, fleet electrification and increased use of renewable energy.
