India witnessing revival of private capital expenditure: Chief Economic Adviser V Anantha Nageswaran

Nageswaran added that capacity utilisation has reached levels that would trigger the return of private capex. According to the CEA, private sector capex in the first half has crossed Rs 3 lakh crore and if the pace continues, India should be looking at capex investment of Rs 6 lakh crore this year.

India witnessing revival of private capital expenditure: Chief Economic Adviser V Anantha Nageswaran
Nageswaran added that capacity utilisation has reached levels that would trigger the return of private capex. According to the CEA, private sector capex in the first half has crossed Rs 3 lakh crore and if the pace continues, India should be looking at capex investment of Rs 6 lakh crore this year.