Whalesbook
India's capital expenditure is seeing a strong revival across public and private sectors, poised to drive economic momentum in FY26. The Centre's capex surged 40%, states' capex rose 13%, and private sector investment jumped 11% to Rs 9.4 trillion. Sectors like oil & gas, power, telecom, auto, and metals are leading. New investment announcements are up 15%, with manufacturing dominating. Renewables are a key growth area. While optimistic, challenges from domestic demand and global factors remain.