Adani's bumper capex trickles down to smaller infra firms
The Adani Group's massive $16 billion capital expenditure plan for FY26 is expected to provide a significant boost to smaller engineering, procurement, and construction (EPC) firms in India. Many of these smaller companies rely heavily on the conglomerate for their order books, positioning them for growth alongside Adani's infrastructure projects.
Bengaluru: Adani Group’s ₹1.53 trillion ($16 billion) capital expenditure in FY26 is set to do more than just build airports, data centres and renewable power projects. Billionaire Gautam Adani’s investment spree is expected to fuel growth for at least half-a-dozen smaller listed engineering, procurement and construction (EPC) companies, many of which already derive a significant share of their order books from the conglomerate.
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