Ports, roads, steel: 5 companies step up investments as economy recovers

India is focusing on improving its infra as the economy recovers after the coronavirus pandemic. A look at at what Tata Group, L&T, Adani Ports, Ultratech Cement, and JSW Steel plan to do

In a financial year marked by lockdowns, factory shutdowns, logistical and supply chain disruptions, some of India’s biggest corporates announced investments worth billions. A Deloitte-Business Standard analysis of BSE 100 companies found that capital expenditure increased by Rs 55,890 crore during the coronavirus pandemic year of 2020. FMCG companies led the pack, and mining and oil companies saw asset addition in excess of Rs 10,000 crore. Here is a look investments planned by five big companies.

Tata Group

The Tata Group announced big investments in October 2020, though its automobile and its steel businesses suffered due to lockdowns to contain