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

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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