India's capital expenditure reaches ₹2.5 lakh crore in two months
after close1 source ↓written by the desknot a recommendation
- toward capital projects
- ₹2.5 lakh crore
- from last year
- 12% increase
- was allocated
- ₹84,000 crore
The Indian government has deployed ₹2.5 lakh crore toward capital projects in April and May, marking a 12% increase from last year. Notably, ₹84,000 crore was allocated to Indian Railways for safety upgrades and new constructions. This surge in infrastructure spending is expected to boost demand across sectors like steel, cement, and construction.
• ₹2.5 lakh crore in capital projects
• 12% increase YoY
• ₹84,000 crore for Railways
This focus on infrastructure may enhance order books for related industries.
Not investment advice. For informational purposes only.