June 10, 2025 11:54 AM
Indian corporates to double capital spending to $800-$850 billion over next 5 years
Indian corporates are projected to double their capital spending to $800 billion-$850 billion over the next five years, which will be largely financed by operating cash flows and facilitated by ample domestic funding options, said an S&P Global Ratings report on Tuesday. Barring execution mistakes or negative macro changes, these investments should boost business scale without driving up leverage, the report noted. “Corporate India is chasing growth opportunities. In our view, Indian com...