Public Sector Enterprises' Capital Expenditure Jumps 63% in April FY27
CPSEs capex surges 63% in April, kick off FY27 on strong note
The Economic Times
Image: The Economic Times
Capital expenditure by large public sector enterprises (CPSEs) and key government entities in India surged 63% year-on-year in April to ₹81,107 crore. This strong start reflects the government's commitment to infrastructure projects amid global economic uncertainties, accounting for 9.62% of the total budgeted outlay for FY27.
- 01CPSEs' capital expenditure reached ₹81,107 crore in April FY27.
- 02This marks a 63% increase compared to April 2025.
- 03The outlay represents 9.62% of the total budgeted capital for FY27.
- 04The government aims for a total capex of ₹12.2 lakh crore this fiscal year.
- 05Ongoing global issues, like the Iran war, may impact future growth rates.
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In April 2026, capital expenditure by large public sector enterprises (CPSEs) and four key government entities surged to ₹81,107 crore, a 63% increase from ₹49,744 crore in April 2025. This robust start to the fiscal year underscores the Indian government's commitment to infrastructure development, particularly in roads, railways, ports, and power sectors. The April expenditure accounts for 9.62% of the total budgeted capital outlay of ₹8.43 lakh crore for FY27. Last fiscal year, public capex reached ₹8.64 lakh crore, exceeding the target by 15.6%. The government remains focused on its ambitious capex plan of ₹12.2 lakh crore for the current fiscal year, despite potential risks posed by global events, such as the ongoing Iran war, which may affect economic growth projections.
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The surge in capital expenditure is expected to stimulate economic growth and create jobs in infrastructure sectors, benefiting various stakeholders including contractors and laborers.
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