New Delhi, Nov. 26 -- The capital expenditure (capex) landscape in the country is showing clear signs of optimism, supported by healthy spending by the Centre, a pick-up in state capex, and a revival in investments among Indian corporations, according to a report by Care Edge Ratings.

The report highlighted that the Centre's capex remains healthy, driven mainly by investments in the roads and railway sectors. State governments have also stepped up capital expenditure, with Maharashtra, Madhya Pradesh, and Gujarat leading the rise in aggregate state capex.

It stated, "The capex landscape in the fiscal year so far reflects signs of optimism".

It mentioned that Central Public Sector Enterprises (CPSEs) have shown strong momentum in their ...