Cap goods, engineering firms see new order wins worth Rs 2 trn in H1FY25

Industry sources estimate sluggish demand for cement, slow awarding for roads in the first half

The first half of the current financial year was robust for capital and engineering firms as they saw fresh order wins worth more than Rs 2 trillion, despite the election interval.

Awarding activity for others in the infrastructure space was a mixed bag, with a demand lull in cement and weak awarding activity for the roads sector.

The top five firms in the engineering space - Larsen & Toubro (L&T), Hindustan Aeronautics, Bharat Heavy Electricals (BHEL), KEC International, Kalpataru Projects International (KPIL) – have disclosed combined fresh orders worth Rs 2.04 trillion, according to data collated from