Government's infrastructure investments to propel growth into FY 2026: Report

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Times of India 13h ago

Government's infrastructure investments to propel growth into FY 2026: Report - Times of India

Quick Summary:

The Union government's efforts on infrastructure development and investments in critical sectors such as railways, defense, power, and data centers is expected to drive growth momentum into financial year (FY) 2026 and beyond, says a report by financial services firm Prabhudas Lilladher (PL).

It added that the upcoming Budget will be instrumental in shaping this recovery, with expectations of a growth-driven focus aimed at boosting middle-class spending and balancing fiscal discipline.

The India capex story, encompassing capital goods, infrastructure, and emerging technologies, stands out as a major growth driver.