New Delhi: India's announced private capital expenditure pipeline has increased 39 per cent year-on-year to Rs 99.7 lakh crore in September 2026, led by a surge in IT-enabled services and conventional power projects, although the growing concentration of investments in a few sectors and states poses risks to the next phase of the investment cycle, according to a report by Union Bank of India (UBI) Research.
The report said the pipeline had expanded 87 per cent over two years, indicating a sharp increase in planned corporate investments. However, the number of projects rose only 18 per cent during the same period, suggesting that the increase was driven largely by larger projects rather than a broad-based rise in investment activity.
