Government capex growth may slow in H2 FY27
pre-market1 source ↓machine-written, see hownot a recommendation
- potentially declining
- 3%
India’s government capital expenditure growth is projected to slow down in H2 FY27, with non-defence spending potentially declining by 3%. This moderation is attributed to weaker nominal GDP growth and a tighter fiscal position, impacting overall spending momentum. However, defence capital expenditure is expected to maintain growth, supported by India's indigenisation efforts.
Not investment advice. For informational purposes only.