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Indian companies look to cash in on bulging infrastructure order book

Investments worth more than Rs 80 trillion are expected in roads, railways and urban infrastructure between now and FY30 and the supply chains helping to build this core infrastructure are also readying to cash in on the growth. In the first half of the current financial year, orders worth more than Rs 2.6 trillion were tendered in the roads and railways segment alone, according to data sourced from ICRA Ratings and Research. Indias transportation infrastructure sector is in high gear, and we en...
West Bengal Vande Bharat Raman Kapil Larsen Toubro Sharad Agarwal Dominic Xavier Rediff
Source: rediff.com

Interim Budget 2024-25: Rs 11.11 lakh crore allocated for infrastructure creation

Commenting on the allocation, Himanshu Chaturvedi, Chief Strategy and Growth Officer at Tata Projects said, “The capital spends during fiscal 2023-24 are broad based and not just focussed on the traditional highways and railways sectors. The surge in infrastructure investment is part of a long-term strategy to promote Indian economic growth.”
Himanshu Chaturvedi Nirmala Sitharaman Vande Bharat Finance Minister Nirmala Sitharaman Chief Strategy Growth Officer

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