Private capital expenditure announcements fall 81% in Q1 FY25: CMIE

Private capex fell sharply in April-June 2025 to Rs 4.1 trillion from Rs 21.7 trillion in the previous quarter, with stalling and uncertainty affecting investment flow

India’s private sector appears to have turned tentative in the April-June quarter (Q1), announcing new investment projects worth ₹4.1 trillion, marking an 81.35 per cent decline over the ₹21.7 trillion worth of outlays in the previous quarter, according to data from the Centre for Monitoring Indian Economy (CMIE). 

  On a year-on-year basis, the Q1FY26 private capex tally was up about 42 per cent, albeit on a low base, as fresh capex plans by India Inc had slipped to a 14-quarter low of ₹2.85 trillion in Q1FY25. This year’s Q1 capex numbers are the second weakest since December 2020, and mark