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Top headlines: India Inc to benefit from capex push; Modi hails Budget 2022

Business Standard brings you the top headlines on Tuesday

Union Minister of Finance Nirmala Sitharaman with a folder case containing the  Union Budget 2022-23 arrives at Parliament, in New Delhi. Photo: PTI
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Union Minister of Finance Nirmala Sitharaman with a folder case containing the Union Budget 2022-23 arrives at Parliament, in New Delhi. Photo: PTI

BS Web Team New Delhi
Budget 2022: India Inc to benefit from govt's massive capex push

The Union budget announcement to raise government capital expenditure by 35.4 per cent to Rs 7.5 trillion and increased orders for local defense companies will lead to additional orders for Indian companies including L&T, Thermax, Siemens, ABB, JSW Infrastructure, Bharat Forge and Tata group's defense and infrastructure companies.

Apart from participating in infrastructure projects such as new roads and highways, railways, Indian companies will also get orders in various other social welfare projects such as drinking water projects which was allocated Rs 60,000 crore and housing projects with an