According to a report by Bank of Baroda Economic Research, private capital expenditure (capex) is anticipated to broaden in the financial year 2026-27 (FY27), fueled by lower interest rates, tax cuts, and easing tariff uncertainty. The report analyzed 2,383 listed companies, revealing that gross fixed assets (GFA) grew by 5.8% in FY26, reaching ₹46.7 lakh crore. Notably, nine sectors recorded GFA growth above 10%, with Trading leading at 33.3%. Capital Goods saw a 32.2% increase in bank credit, indicating that asset expansion is being financed rather than merely planned. The outlook for FY27 is positive, with expectations that sectors like consumer durables, logistics, and retail will continue to thrive due to increasing e-commerce and consumer demand. The recent 125 basis points repo rate cut is expected to further enhance capex, particularly in export-oriented sectors, while infrastructure and capital goods will benefit from ongoing public investment.