Rs 11 lakh crore corporate capex beats govt capex; RIL top contributor: Report

Corporate capex by listed non-financial companies jumped 20% YoY to over Rs 11 lakh crore in FY25, exceeding the governments spending and reflecting broad-based growth, per ICICI Securities. While Reliance Industries led in scale despite flat growth, capex in telecom and RIL remained muted, underscoring the diversified nature of corporate investments this fiscal.