Economy · India
Adani Group's Capex Plan Fuels Growth for Smaller Infrastructure Firms
The Adani Group's planned capital expenditure (capex) of ₹1.53 trillion for fiscal year 2026 is significantly boosting smaller listed engineering and construction companies. For some of these firms, the Adani conglomerate represented over 80% of new orders in the past year. This indicates the Adani Group's increasing influence within India's Engineering, Procurement, and Construction (EPC) sector. Additionally, Bhel and Adani are identified as key beneficiaries of a projected $5.5 trillion energy capex across Asia, according to Morgan Stanley.
How outlets across the spectrum covered it
Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): Business Standard, Mint