India's capital expenditure outlook has improved following key state elections, with expectations of increased government and private sector spending in H2 FY25. The government aims for a capex target of Rs 11.11 lakh crore for FY25, building on last year's near Rs 10 trillion expenditure, despite potential minor shortfalls. Experts anticipate that post-election clarity will enhance public infrastructure investments and stimulate private capex growth after Q1 2025.
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