Topic
capex
Commodities Parliament panel questions rising oil and gas capex as India's crude output set to fall
A parliamentary committee has questioned why rising capital expenditure in India's oil and gas sector is not translating into higher production. Domestic crude output is projected to fall to 28.7 MMT in 2024-25 from 34.2 MMT in 2018-19 despite PSU capex rising from Rs 1.3 lakh crore to Rs 1.7 lakh crore.
Manufacturing Parag Milk Foods to invest ₹105 crore to double Go Cheese manufacturing capacity by FY28
Parag Milk Foods Ltd. approved a ₹105 crore capital expenditure to double its Go Cheese manufacturing capacity from 60 to 120 metric tonnes per day by FY28. The expansion, funded through internal accruals and debt, aims to meet rising demand for cheese and whey protein products. IMARC Group forecasts India's cheese market will grow from ₹129 billion in 2025 to ₹620 billion by 2034.
Manufacturing Hatsun Agro Product plans ₹1,000 crore capex in FY27 to expand dairy production, retail network
Hatsun Agro Product, India's largest private sector dairy company, plans ₹1,000 crore capex in FY27 for milk procurement, distribution and production facility upgrades. The target is 2.4 crore daily packs within two years, up from 1.84 crore.
Logistics Old Dominion Plans More Capex, Eyes Sub-70 Operating Ratio After Q2 Improvement
Old Dominion Freight Lines reported a Q2 2026 operating ratio of 70.1%, improving from 74.6% a year earlier, aided by real estate gains. The LTL carrier increased its 2026 capital expenditure budget to $380 million, pulling forward equipment purchases from 2027. CFO Adam Satterfield highlighted sequential improvements in revenue per day (up 14.6%) and tonnage per day (up 4%), while noting the sub-70% OR remains the target.
Business India Inc's Capex Chronicles: Fixed Asset Growth Slows, Capacity Utilisation Nears Peak
An analysis by The Hindu Business Line of 1,002 companies (excluding BFSI and IT) over FY17-26 reveals mixed capex trends. Fixed asset growth slowed to 4% in FY26, the second-lowest in a decade, while net sales grew at 10% CAGR. The asset turnover ratio reached 1.65x in FY26, approaching its peak, indicating that capacity utilisation is high and a new investment cycle may be imminent.
Finance IHCL Targets ₹7,500 Crore Capex Over 5 Years, Expands Across Segments: Chairman N Chandrasekaran
IHCL chairman N Chandrasekaran announced a ₹6,000–7,500 crore capital expenditure plan over five years, funded through internal accruals. The company reported FY2026 revenue of ₹9,971 crore, net profit of ₹2,247 crore, and free cash flow of ₹1,450 crore. Expansion will focus on new regions and scaling Ginger hotels to 1,000.