New Delhi, March 8 -- The corporate in India will need to raise about Rs 115-125 lakh crore in debt between FY26 and FY30 to fund capital expenditure (capex), working capital, and the financing needs of non-banking financial companies (NBFCs), according to a report by Crisil.

The report highlighted that around Rs 45-50 lakh crore of this debt will be required for capital expenditure, while the remaining Rs 70-75 lakh crore will be used by NBFCs and for meeting working capital requirements.

It said "Corporate India will need to raise approx. Rs 115-125 lakh crore of debt between fiscals 2026 and 2030 to meet private and public sector capex".

The infrastructure sector is expected to play a key role in driving capex, accounting for nearly...