India's Corporate Capital Spending to Reach $800 Billion
According to a report by S&P Global Ratings, India's leading corporates are expected to double their spending and capital expenditure over the next five years.
This growth is driven by rising revenues and profits, with similarities to China's corporate growth in the 2000s.
- S&P projected India's corporate capital spending to reach approximately $800 billion from fiscal 2026 to fiscal 2030.
- This spending is largely driven by infrastructure investments.
- An additional $1 trillion investment is expected from fiscal 2031 to 2035 for advanced research and development.
A huge revenue surge is expected for India's top companies.
Author's Resumen: India's corporates to double capex.
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