Archive · 10 Jun 2025
India Inc. to Double Capex to $800-850 Billion: S&P Report
Indian companies are planning to significantly increase their spending on new projects.
They are set to double their investments, reaching $800-850 billion over the next five years.
This money will be used to expand sectors like renewable power, airlines, and green energy.
Companies can do this because they have healthy finances and are supported by government policies.
While this is good for growth, there are risks due to fluctuating costs.
Most of the spending will be covered by the companies' own money, with banks also ready to provide more loans.
Corporate India is expected to double its capital expenditure to $800-850 billion over the next five years.
Investments in renewable power, airlines, and green energy sectors are projected to lead the spending.
The report highlights that the growth is supported by strong balance sheets and favorable government policies.
S&P Global cautions that there are risks arising from volatile input costs, particularly in sectors like power, steel, and cement.
Funding will largely come from internal cash flows, and banks are expected to expand new loans.
- Who
- Corporate India
- What
- Capital expenditure expected to double to $800-850 billion
- When
- Over the next five years (up to 2030)
- Where
- India
- Why
- To meet demand and scale up operations.
- Total Capital Expenditure (5 years)
- $800-850 billion
- Investment Period
- 5 years (up to 2030)
- Leading Sectors
- Renewable power, airlines, green energy
- Renewable power sector spending percentage
- 28%
- Airlines and Oil and gas capex percentage
- 10%
