Budget reaction quote by Ramneek Sehgal, Chairman & Managing Director, Ceigall India Limited

“The increase in capital expenditure to ₹12.2 lakh crore for FY27 reinforces the government’s long-term commitment to infrastructure-led growth. The continued focus on tier 2 and tier 3 cities, along with the proposed seven high-speed new rail corridors, will significantly strengthen regional connectivity, reduce travel time, and unlock new economic clusters. For infrastructure developers, this sustained capex momentum provides both visibility and confidence to invest, execute, and scale. The emphasis on environmentally sustainable passenger transport also signals a clear shift towards future-ready mobility that supports balanced urban and regional development.”