Heavy Engineering Equipment Industry Analysis

Capex by big CPSEs, 4 key government entities surges 62% in March

CPSEs surge capex 62% in March, signalling strong government push for infrastructure and growth momentum heading into FY25.

Impact: 7/10

South Central Railway Zone earmarks Rs 13,000 crore for infra upgrades

Rs 13,000 crore railway capex boost will drive steel demand, infrastructure jobs, and logistics sector growth across South India

Impact: 7/10