Anticipate government to go for 10% capex growth in budget: L&T CFO

Larsen & Toubro's CFO R Shankar Raman anticipates a 10% rise in capital expenditure for FY27, expressing confidence that ample system liquidity will support government spending without crowding out private investment. He highlighted the crucial role of infrastructure in India's developed economy goal and suggested a qualitative pricing mechanism for project bidding to ensure timely completion. https://ift.tt/17QqVwJ