India capital expenditure reaches ₹2.5 lakh crore in two months
pre-market1 source ↓written by the desknot a recommendation
- toward capital projects
- ₹2.5 lakh crore
- year-on-year
- 12% increase
- for Railways
- ₹84,000 crore
The Indian government deployed ₹2.5 lakh crore toward capital projects in April and May, marking a 12% increase year-on-year. Notably, over ₹84,000 crore was allocated to the Indian Railways, focusing on safety upgrades and new constructions. This surge in infrastructure spending is expected to boost demand across sectors like steel, cement, and logistics.
• ₹2.5 lakh crore capital expenditure
• 12% increase YoY
• ₹84,000 crore for Railways
Immediate effects may enhance order books for related companies.
Not investment advice. For informational purposes only.