New Delhi, April 29 -- Capital expenditure by private companies grew nearly 7% from FY21 to FY24, reaching Rs.4.22 trillion, the ministry of statistics and programme implementation (MoSPI) said on Tuesday.

The intended capex is projected to rise further to Rs.6.56 trillion in FY25 before easing to Rs.4.89 trillion in FY26.

The estimates are based on MoSPI's very first round of a forward-looking survey on "Private Sector Capex Investment Intentions", which draws from data submitted by 2,172 of the 3,064 responding enterprises.

"Of the 3,064 respondents, 2,172 reported their capex intentions for 2025-26. The data indicates a cautious approach by companies in declaring their investment plans," the ministry said.

It further noted that the...