Private Capex Share Dips to Decadal Low of 33% in FY24: ICRA

Domestic rating agency ICRA on Monday said private capital expenditure's share in the overall investments in the economy dipped to a decadal low of 33% in FY24.

- Press Trust of India

MUMBAI:

Among the private companies, it was the unlisted players which were subdued in investments as compared to the listed entities, as per a report.

It can be noted that for the last few years, the government has been driving investments, leading to concerns in some quarters over the private sector's absence and its impact on the overall economic activity.

The private sector has instead focused on deploying excess cash at reducing loan burdens rather than investing in new facilities, choosing to run at high capacity utilisation.