Economy
Private firms’ pipeline points to ₹3.2 lakh crore capex in 2026-27
RBI’s September Bulletin estimates ₹3.2 lakh crore in private-sector capital spending for 2026-27, signalling continued investment momentum.
What happened
The RBI’s September 2026 Bulletin said private companies’ project sanctions and total project costs increased in 2025-26. Infrastructure, led by power, attracted the largest share. Pipeline phasing across financing channels indicates envisaged private-sector capex of ₹3.2 lakh crore in 2026-27.
Why it matters
The estimate points to sustained private investment, with infrastructure remaining the main destination. For businesses, the projected capex pipeline could support continued activity in power and related project-financing ecosystems, although it reflects intentions rather than completed spending.
Source: RBI