Government capex rises 19% in Apr-May, boosting cement demand outlook
after close1 source ↓written by the desknot a recommendation
- YoY in April-May
- 19%
- government capex rose
- 13%
- government spending increased
- 9%
- to ₹2.1 trillion
- 26%
Overall government capital expenditure increased 19% YoY in April-May 2026, signaling potential for stronger cement demand in FY27. Central government capex rose 13%, while state government spending increased 9%. Notably, capital expenditure by CPSEs surged 26% to ₹2.1 trillion, indicating a positive trend in public spending across various levels.
Not investment advice. For informational purposes only.