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States’ capex likely grows 16% till Dec
Financial Express Kochi
|January 28, 2026
STATES' CAPITAL EXPENDITURE showed a clear acceleration in April-December of the current financial year after a relatively flat phase last year.
Aggregate capex of 19 states moderated from about 4.1 lakh crore in FY24 (April-December) to 4 lakh crore in FY25, a 3% decrease.
In FY26, however, it jumped sharply to roughly ₹4.62 lakh crore — a strong about 16% year-on-year rise, signalling a renewed push on public investment.
This story is from the January 28, 2026 edition of Financial Express Kochi.
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