Private capex sluggish for FY26; projected at Rs 6.6 lakh crore, below FY25 levels: SBI report

An SBI analysis projects a decrease in private capital expenditure for FY26 compared to FY25, potentially worsened by US tariffs. While government spending has driven growth, the report emphasizes the urgent need for private sector investment to sustain economic momentum. Subdued private investment poses challenges for achieving higher growth levels, limiting the impact of government initiatives.