India Announces Record 12.2 Trillion Rupee Infrastructure Budget for Fiscal 2027

Finance Minister Nirmala Sitharaman unveiled a record infrastructure budget of 12.2 trillion rupees for fiscal year 2027. The plan aims to boost growth.

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The federal Government of India ININannounced on Sunday a record 12.2 trillion rupee infrastructure spending allocation for fiscal year 2027. Finance Minister Nirmala Sitharaman nirmala sitharamanpresented the federal budget, which represents an 11.4% annual rise in capital expenditure. This large-scale fiscal commitment is intended to influence near-term growth and support the manufacturing sector while driving private-sector investment decisions across the country.
India's Finance Minister Nirmala Sitharaman waves while holding a folder with the Government of India's emblem as she poses with officials before presenting the annual federal budget in New Delhi, India, on February 1, 2026. REUTERS/Altaf Hussain
India's Finance Minister Nirmala Sitharaman waves while holding a folder with the Government of India's emblem as she poses with officials before presenting the annual federal budget in New Delhi, India, on February 1, 2026. REUTERS/Altaf Hussain
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