And yet, a big question mark remains over the state of investments by the private sector. “Since 2011-12, private corporate investment has flatlined at around 12% of GDP. The only thing that has remained constant is private investment in 12% of GDP range,” Aziz told The Indian Express earlier this month. Despite the stagnant picture painted by these numbers, why are green shoots constantly seen in private capex? At the same time, the Statistics Ministry’s new private capex survey shows investment intentions for 2025-26 amounted to Rs 4.89 lakh crore, down 26% from 2024-25.

Source: Indian Express December 22, 2025 11:36 UTC