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Samco Securities Head of Research Apurva Sheth on Union Budget
This story was originally published at 12:18 IST on 1 February 2026
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MUMBAI - Apurva Sheth, head of research, Samco Securities Pvt. Ltd., said the following on the Union Budget for 2026-27 (Apr-Mar), presented in the Lok Sabha by Finance Minister Nirmala Sitharaman on Sunday:
The capex target for FY26 has been set at Rs 12.2 lakh crore (INR 12.2 trillion). This is a significant jump from 11.1 lakh crore (INR 11.1 trillion) set for FY25. This translates to a jump of 9.9% over FY25. This is a positive for infrastructure development, which remains one of the key focus areas of the government. End
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Filed by Tanima Banerjee
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