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Private Capex Share Falls to Decade-Low of 33% in 2024: ICRA
The Daily Guardian
|March 25, 2025
GFCF, accounting for about 30% of India's nominal GDP, saw growth slow to 9% in 2024 from 20% in 2023.
The share of private capital expenditure (capex) in India's Gross Fixed Capital Formation (GFCF) has dropped to a ten-year low of 33 per cent in FY2024, according to a report by ICRA.
The report highlighted that while listed companies have increased their capex spending, a decline in investments by unlisted entities has led to an overall slowdown in private sector capital investments.
It said "While listed corporates increased their capex spending by 28 per cent in FY2023 and 12 per cent in FY2024, unlisted entities experienced a contraction in FY2024, dragging overall private capex growth".
Dit verhaal komt uit de March 25, 2025-editie van The Daily Guardian.
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