India’s capex-to-GDP may stay around 5% in FY26: Report
General government capital expenditure is expected to hover near 5% of GDP in FY26, slightly below FY25's 5.1% and FY24's 5.4%, Emkay Research reported. The Centre has already spent 39% of its capex target, while States show steady 14% growth. Strong capital spending signals sustained investment momentum and a healthy growth outlook.