Infrastructure companies are enthused by the announcements made by the finance minister in the Budget on Monday as the government laid out Rs 5.54 trillion for capital creation in the sector. This, according to the sector’s chief executive officers (CEOs), will result in more orders.
It also brought cheer to the auto sector, given that the scrappage policy will help revive demand for new cars and trucks, felt corporate leaders from the sector.
The government allocated Rs 1.18 trillion for the roads and highways sector and another Rs 18,000 crore to public transport.
About 8,500 km of road and highway projects are being