Merely 5% pvt firms use capex on diversification, green tech in FY25: NSO

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Merely 5% pvt firms use capex on diversification, green tech in FY25: NSO - Business Standard

Quick Summary:

The survey covered manufacturing firms with a turnover of ₹400 crore or more, with the cutoff set at ₹300 crore for trade enterprises and ₹100 crore for other players.

While the survey’s sample size was 5,380 firms, it clocked a response rate of 58.3 per cent, with just 2,172 enterprises sharing their capex data for the five-year period.

The NSO data showed private enterprises in as many as 10 out of 17 fields allocated nothing to energy transition and conservation, reflecting India Inc’s apathy to green and futuristic technologies.