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Budget 2022: India Inc to benefit from govt's massive capex push

Companies to bag for roads, railways and defense projects

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Union Finance Minister Nirmala Sitharaman holds a folder-case containing Budget 2022-23, in New Delhi (Photo: PTI)

4 min read Last Updated : Feb 01 2022 | 11:00 PM IST

The Union budget announcement to raise government capital expenditure by 35.4 per cent to Rs 7.5 trillion and increased orders for local defense companies will lead to additional orders for Indian companies including L&T, Thermax, Siemens, ABB, JSW Infrastructure, Bharat Forge and Tata group's defense and infrastructure companies.

Apart from participating in infrastructure projects such as new roads and highways, railways, Indian companies will also get orders in various other social welfare projects such as drinking water projects which was allocated Rs 60,000 crore and housing projects with an allocation of Rs 48,000 crore. CEOs said Indian companies can

Topics : Budget Speech Budget at a Glance Outcome Budget Budget presentation Receipts budget Zero-based Budget Budget cycle Budget estimates Budget 2022 India Inc Capex

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