India: update on capital stock

Capital stock for India grew 11 percent annually since 2015.

India has enjoyed a sustained period of robust economic growth over the past decade. Urbanization and increased individual wealth have increased demand for improved residential housing, while significant commercial investments have been made in the manufacturing sector. India's economy has been resilient following the COVID-19 pandemic. While the pandemic created economic challenges in India, the government enacted a series of actions to promote economic well-being and increase private fixed capital investment.