CPSEs achieve 64% of FY26 capex target during Apr-Nov

CAPITAL EXPENDITURE BY Central Public Sector Enterprises (CPSEs), Indian Railways and the National Highways Authority of India reached ₹5.04 lakh crore in the first eight months of FY26, achieving 64% of the annual target.

- PRASANTA SAHU

This marks a 14% on-year growth in spending during April-November 2025, signalling stronger project execution and improved financial utilisation. In the same period last year, capex stood at ₹4.41 lakh crore, or 56% of the FY25 target. For FY26, these entities together aim to invest ₹7.85 lakh crore.