Indian Railways breaks capex record in 9-month fiscal period

31 Jan 2024 CW Team

In a notable accomplishment, it was reported that Indian Railways had achieved its highest-ever capital expenditure (Capex) utilisation, reaching an impressive 75 percent during the initial nine months of the current fiscal year, spanning from April 1, 2023, to December 31, 2023.

According to the official data provided by the Ministry, the Railways demonstrated its commitment to infrastructural development and passenger safety by investing a substantial amount of Rs 1.95 trillion, which accounted for approximately 75 percent of the total Capex budget of Rs 2.62 trillion allocated for this financial year.

The statement further mentioned that, when comparing the data with the corresponding period in the previous year, Indian Railways had surpassed its own performance, achieving a remarkable 33 percent increase in Capex utilisation. In December 2022, the Capex utilisation stood at Rs 1.46 trillion, highlighting a substantial boost in investment in various infrastructure projects.

These investments were dedicated to crucial projects such as the development of new rail lines, the doubling of existing lines, gauge conversion, and the enhancement of passenger amenities. A significant portion of the allocated funds had been directed towards initiatives aimed at improving passenger safety, reaffirming the Railways' commitment to providing a secure and efficient transportation system for the public.

As Indian Railways continued to set new benchmarks in Capex utilisation, the nation anticipated continued progress and advancements in the railway infrastructure, contributing to the overall development of the transportation sector.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..