Listed firms' FY26 capex nearly ₹13tn amid tech shift
India's spending game is changing: think less old-school infrastructure, more focus on tech like artificial intelligence (AI), data centers, electric vehicles (EVs), and green energy.
In financial year 2025-26 (FY26) alone, listed companies' capex reached nearly 13 trillion rupees (a 14% jump from last year) as companies expanded capacity and adopted new technologies.
Sectors and government widen investment focus
It's not just the usual players anymore. Sectors like health care, auto parts, and even discretionary consumption are stepping up their investments.
While India still trails the US in AI infrastructure, there's a real push to catch up with more money flowing into digital projects.
Meanwhile, the government is doubling down on strategic areas like energy and defense (even with budget pressures) to boost self-reliance and keep growth on track.