Government capex up 19% in Apr-May raises hopes of stronger cement demand in FY27: Nuvama.
· thehindubusinessline.com
The report said the capex trajectory, which remained subdued during FY25 and FY26, has shown improvement in the first two months of FY27, supported by higher public spending across different levels of government.
Overall government capital expenditure by the Centre, states and central public sector enterprises (CPSEs) increased 19 per cent year-on-year in April-May 2026,...