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via business-standard.comEconomy

India's CPSEs achieve 51% of FY27 capex target in first half

FROM THE WIRE · BUSINESS-STANDARD.COM

Spending led by Railways and NHAI rises 12% YoY in April-September, though September outlays slide 17%

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishIndia's public sector capex grows 12% YoY but September outlays decline, signaling mixed momentum in infrastructure investment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01India's CPSEs achieved 51% of FY27 capex target in the first half of the fiscal year.
  2. 02Spending rose 12% YoY in April-September, led by Railways and NHAI.
  3. 03September outlays declined 17%, signaling slower momentum toward the end of the period.

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