India's Booming Private Capex: A Surge Without Banking Dependency ...Middle East

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Private capital expenditure in India has experienced substantial growth over the last five years, from FY21 to the estimated FY25, as reported by HDFC Securities. The sector achieved a compound annual growth rate (CAGR) of 19.8%, though this increase wasn't mirrored in the banking system's credit growth due to companies largely financing through operational cash flows.

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