Private capex jump unlikely in FY26: S&P

MUMBAI: While a jump in capital expenditure is unlikely this fiscal year, the prospects for the economic growth catalyst are much better over a medium-to-long term, an arm of global rating agency S&P said on Wednesday. Companies are likely to invest upward of $800 billion over the next five years, S&P Global said. “There is still a degree of caution that we are seeing in terms of large private capacity addition,” S&P Global’s Geeta Chugh said.