info@news-matic.com

details

Adani's bumper capex trickles down to smaller infra firms

The Adani Group’s ₹1.53 trillion capex plan for FY26 is emerging as a major growth driver for smaller listed engineering and construction companies. For some, the conglomerate accounted for over 80% of new orders last year, reflecting its growing influence on India’s EPC ecosystem. With chairman Adani saying his group accounted for nearly a third of India's total private capex last year, the increased spending could help these companies accelerate growth after a relatively subdued FY26 for many. Mint's review of company disclos... [5199 chars]

ADVERTISEMENT

Cookie Consent + Tracking