Capital Expenditure

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 .

MEIL to pump in ₹40,000 cr capex in 3 yrs, eyes ₹2 trn topline in 5 yrs

Megha Engineering & Infrastructures Limited (MEIL) Group will be investing up to Rs 40,000 crore in the next two to three years towards capital expenditure, aiming to achieve a topline of Rs 2 lakh crore in five years, a top executive of the infra major has said. PV Krishna Reddy, Managing Director of MEIL, also said the group is aiming to take some of its subsidiaries to an Initial Public Offering every couple of years, with the first one being Evey Trans Pvt Ltd, followed by the Defence vertical and Gas Distribution and so on. Evey Trans is the only 100 per cent electric bus operator in India. Established in 2018, the company successfully operates e-buses in multiple cities like Mumbai, Pune, Surat, Silvassa, Goa, Hyderabad, Dehradun and Nagpur. "Last year, the entire Group did around Rs 60,000 crore. This year we are expecting Rs 80,000 crore. We aim to achieve Rs 2 lakh crore topline in the next five years, the entire group including new businesses," Krishna Reddy told PTI in .

JSW Infra completes Rs 7,503 crore QIP, draws strong institutional demand

The qualified institutional placement, combining a primary issue and promoter offer for sale, will help fund JSW Infra's expansion plans and broaden its institutional shareholder base

20 states utilised just 5.86% of combined budgeted capex in April-May

Twenty states utilised 5.86 per cent of their FY27 capex budgets in April-May, below the year-ago pace, though spending recovered in May after a sluggish April

States should use borrowings for asset creation, not handouts: FM

Union Finance Minister Nirmala Sitharaman on Thursday emphasised that state governments must channel their borrowed funds into long-term capital expenditure, such as schools and hospitals, rather than relying heavily on revenue expenditure like cash distributions when financial resources are tight. Addressing the media, Sitharaman underscored that taking loans to create public infrastructure yields a positive economic impact and generates employment for the next 50 to 60 years. "Borrowing is not the issue, but what you do with the borrowed money matters. Are you creating assets? Is it bringing education, industries, or increasing employment? That should be the focus," she said, noting that states are permitted to borrow up to three per cent of their Gross State Domestic Product (GSDP). Sitharaman, who is on a two-day visit to Tamil Nadu and Puducherry, attended Maha Kumbabhishekam of Sri Upanishad Brahmendra Mutt in Kancheepuram on Thursday. Later in the day, she is scheduled to ..

Odisha plans engineering department overhaul as capex utilisation slows

The state is considering cadre reforms and restructuring engineering wings after manpower shortages hindered utilisation of one of India's largest capital expenditure allocations

Profits are rising across corporate India. Why isn't investment taking off?

Listed companies' net income is nearing 6 per cent of GDP, but a lack of corresponding investment in factories and other productive assets is limiting job creation and widening inequality

States see slower FY27 start, capex utilisation at 1.85% in April

States made a slow start to FY27, with capital expenditure utilisation falling below 2 per cent in April despite higher budgeted infrastructure spending

Tax rebates: FY26 provisional expenditure, revenue show need for a rethink

The provisional expenditure and revenue numbers for 2025-26 underline the need for reviewing tax rebates

India's FY26 fiscal deficit at 4.4% of GDP, in line with govt estimates

The ‌deficit was at ​₹15.19 trillion ($159.91 billion), or 97.5% of the government's ​revised estimates presented in February