Mumbai – Chief Economic Adviser V. Anantha Nageswaran said on Friday that India’s private investment is staying strong, even as global markets wobble. He projected the national economy will grow faster than 6.8 % this fiscal year (FY26).
At a talk in Mumbai, Nageswaran pointed to data from the first five months, noting net foreign direct investment (FDI) inflows are higher than in the last two years. He said the dip in private capital spending that hit the FY24 cycle has bounced back hard in FY25, giving the economy a real bolt of momentum.
The adviser also stressed that a clear regulatory and legal framework is key. Fixing “inverted duty structures” and boosting domestic manufacturing should go hand‑in‑hand with deeper integration into global supply chains, rather than trying to bring all production onshore. He hinted that a US‑India tariff deal could close soon and that India’s growing consumption is driven mainly by supply‑side growth and solid investment activity.
SEBI Chairperson Tuhin Kanta Pandey, speaking at the same event, added that India’s steady rise toward its “Viksit Bharat” goal will hinge on vibrant capital markets. Last year, companies raised roughly Rs 2 lakh crore from primary markets, showing investors’ confidence is high. He highlighted underutilised assets in the market: mutual‑fund assets represent less than 25 % of GDP, with urban participation around 15 % and rural participation only 6 %. These gaps present clear opportunities for expanding the market’s reach and deepening investment across the country.
Source: ianslive
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