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GDP grew 7.8 percent in the April-to-June quarter and beat forecasts.
Private capital is moving off the sidelines as years of public infrastructure spending draw in investment.
Corporate capital expenditure and bank credit are expanding, with investment cited at 34.3 percent of the economy in the quarter.
Analysts point to strong demand visibility, healthy balance sheets, and government infrastructure encouragement.
Why it mattersA broader private-sector-led expansion could reshape India’s growth and investment outlook.
More context
Employment remains weak, with automation and advanced manufacturing weighing on job growth.
Economists also warn that global tensions, oil prices, and a weaker rupee could still pose risks.