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India Inc. Cash Reserves Decline First Time in Three Years Amidst Rising Debt and Capex Push

Economy

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Published on 18th November 2025, 9:16 AM

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Author

Abhay Singh | Whalesbook News Team

Overview

India Inc.'s cash reserves have dropped for the first time in three years, falling by over Rs 43,000 crore between March and September. Simultaneously, gross debt surged by Rs 2.04 trillion. Analysts suggest this indicates companies are actively deploying internal funds and taking on new loans for capital expenditure (capex) as demand improves and supply chains normalize.