Capital Expenditure

States' capital outlay may rise 10-12% to ₹8.5 trillion in FY27: Crisil

Higher central support under the SASCI scheme and improved fiscal headroom are expected to boost states' capital spending, with urban infrastructure driving growth in H2FY27

Centre advances ₹1.09 trillion tax devolution to states for November

Advance tax devolution aims to boost capital spending and meet development and welfare expenditure

Coal India spends ₹7,996 crore in H1 FY27, exceeds capex target by 9%

The state-owned miner achieved 109 per cent of its first-half capex target, with mine infrastructure, land acquisition, machinery and diversification driving spending

State capex utilisation slips below last year's pace in April-August

Twenty-three states spent ₹2.4 trillion, or 21.21 per cent of their combined capex budget, in April-August FY27, slightly below 21.73 per cent a year earlier

Odisha tightens norms for Supplementary Budget for FY27 amid slow capex

The government has set a longer-term objective of transforming the state into a $500 billion economy by 2036

Private firms' capex rises 7% to ₹30.3 trillion in FY25, shows govt data

In FY24, they had made a capital expenditure of ₹28.3 trillion, showing an annual growth of 2.65%, as per the detailed Gross Fixed Capital Formation figures for FY25 released by the ministry

Centre spends 37% of capital expenditure target in four months

Capital spending rose 30 per cent year-on-year to Rs 4.51 trillion in April-July, while the fiscal deficit fell nearly 3 per cent to Rs 4.55 trillion

Odisha's ₹72,100 crore capex target at risk as state fast-tracks projects

With just 15.7% of its record FY27 capital outlay spent by July, Odisha is pushing departments to fast-track projects and unlock central capex incentives

Odisha offers 25% additional capex support for ISM-backed chip projects

The amended policy extends incentives to semiconductor equipment, chemicals, specialised gases, advanced materials and other critical supply-chain components

Private sector drives ₹26.75 trillion investment proposals in FY27

Domestic private companies accounted for 86 per cent of investment announcements between April 1 and August 5, while ITES led with Rs 14.98 trillion in proposed capex

State capex utilisation eases in Q1FY27, remains mid-range over six years

States utilised 10.67 per cent of their FY27 capital expenditure budget in the first quarter, lower than a year ago, although absolute spending touched a six-year high

States are borrowing just to get by, not to build productive assets

Even prosperous southern states used a large part of FY25 debt for operational expenses

Coal India's Q1 capex rises 16% to ₹3,399 crore, exceeds quarterly target

Land acquisition, coal evacuation infrastructure and plant & machinery accounted for three-fourths of Coal India's first-quarter capital expenditure as the miner exceeded its target

Ramkrishna Forgings Q1 profit nearly quadruples; plans ₹170 crore capex

Forging company reports a 298 per cent jump in quarterly profit on higher revenue and margins, while approving ₹170 crore capex to expand passenger vehicle components business

MCE-linked capital expenditure likely to reach ₹10 trillion by 2030

India's annual capex in mining and construction equipment-linked sectors is projected to nearly double to ₹10 trillion by 2030, driven by infrastructure and industrial investments

₹9-10 trillion capex to power mining equipment demand by 2030: Report

Annual capital expenditure across infrastructure, mining, manufacturing and energy is expected to nearly double by 2030, driving strong growth in mining and construction equipment

Mining and construction equipment-linked capex to double by 2030: Report

Capital expenditure across sectors linked to mining and construction equipment is likely to nearly double to Rs 10 lakh crore by 2030, driven by accelerated work on national highways, metro rail, ports, airports and critical mineral extraction, a report said on Tuesday. In 2025, capital expenditure across sectors linked to mining and construction equipment stood at Rs 5.5 lakh crore. India's mining and construction output stands at around USD 430 billion, close to 11 per cent of GDP, and supports the livelihoods of over 70 million people across the value chain, according to a report by the Confederation of Indian Industry (CII) and Boston Consulting Group (BCG), released on Tuesday. The report titled -- Pressing the Throttle: How India's Mining and Construction Industry Can Support Domestic Ambitions and Become a Global Force, noted that the sector must adapt quickly to remain fit for purpose, highlighting three priorities. Moreover, the technology base is shifting rapidly, with ..

The capex fault line running via Indian states: Odisha leads, Punjab lags

While Odisha commits 6.5% of its economic output to infrastructure, Punjab and Kerala are trapped by welfare and interest bills

CPSEs meet 25% of FY27 cumulative capital expenditure target in Q1

CPSEs achieved 25% of their FY27 capex target in Q1, with spending rising 26% to ₹2.10 trillion, led by the Railway Board and NHAI

Tata Steel aims to spend ₹20,000 cr in FY27 on expansion, technology

Tata Steel is looking to spend around Rs 20,000 crore as capex in the current financial year and a major share of it will be spent to support the India business, the company's management said. The capex for the ongoing FY27 will be around 38 per cent higher from Rs 14,559 crore that Tata Steel has spent on capital expenditure in the preceding 2025-26 financial year. "In FY26, we spent Rs 14,559 crore on capital expenditure, and we plan to increase this to approximately Rs 20,000 crore in FY 2026-27, with 60 per cent allocated to India," said Tata Steel's CEO & MD T V Narendran, and Koushik Chatterjee, the company's Executive Director & Chief Financial Officer. The management made the statement in reply to a question related to Tata Steel's capex plans and long-term growth strategy. They said the capital allocation strategy for FY27 focuses on a balanced mix of sustenance projects, ongoing investments in value-added downstream and infrastructure projects, new technologies, and .