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India Inc’s capex growth slows in FY26; telecom, power and auto remain cautious: Bank of Baroda

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Despite global trade uncertainty and geopolitical disruptions, Indian companies continued to invest in FY26, though the pace slowed. A Bank of Baroda study covering over 2,300 listed firms showed gross fixed assets grew 5.8%, lower than the previous year’s 7.4% increase. Investment remained concentrated in sectors linked to domestic demand, with trading companies, electrical equipment, infrastructure and retail leading the way. Large sectors such as telecom, power and automobiles remained cautious, indicating that India’s private capex cycle is progressing but is yet to become broad-based.By CNBCTV18June 10, 2026, 12:59:42 PM IST (Updated)Continue ReadingFirst Published: Jun 10, 2026 12:59 PM IST

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