Chief Economic Adviser V. Anantha Nageswaran on Friday said that India’s private capital expenditure remains robust despite global uncertainty, and the country is projected to achieve GDP growth exceeding 6.8 per cent in current fiscal (FY26).

Speaking at an event in Mumbai, he indicated a potential upward revision of GDP growth following Q2 data, citing a recovery in private capital expenditure and increased foreign inflows.

The CEA noted that the first five months of the year have already seen net FDI inflows meaningfully higher than the last two years. Nageswaran added that FY 2024-25 has been a very good year for private capex, countering perceptions of slowdown.

Nageswaran said that private capex, which fell short in FY24, has rebounded strongly in FY25, indicating that the investm

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