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Flat capital expenditure of railways may hit suppliers
Financial Express Kochi
|February 04, 2025
THE PACE OF capital expenditure by Indian Railways has slowed with the Budget allocating just ₹2.52 lakh crore to the transporter in FY26 which in real terms denotes a marginal year-on-year decline.
The squeeze comes amid strict controls on market borrowings by the transporter via its arm IRFC.
The leading suppliers to railway projects and EPC contractors like BEML, BHEL, ABB, Siemens, KEC International may be impacted with lower growth in new orders from the transporter.
This story is from the February 04, 2025 edition of Financial Express Kochi.
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