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Railways

Rail priorities

Ahead of budget 2025, a clear shift in focus from roads to railways signals a recalibration of infrastructure priorities. This transition is not merely a budgetary adjustment but a strategic pivot aimed at addressing economic, logistical, and environmental challenges.

Elections slow capex order inflows

The busy elections season in the next six months is leading to a moderation in new capex activity, as per new projects data, and it is slowing order inflow momentum for large projects especially in capital goods, railways as well as the roads sectors