India’s growth in the next decade will be significantly influenced by its infrastructure sector, which has driven employment generation, and economic growth, and impacted other sectors like manufacturing and industrial growth.
The Indian government has increased its budget allocation towards infrastructure projects from 13% to 22%, focusing on driving economic growth through various initiatives across sub-sectors. In the fiscal year 2022-23, India’s infrastructure sector attracted $8 billion in FDI, a 23% increase from the previous year. This growth is attributed to initiatives like 100% automatic FDI, steady disinvestment strategies, and conditional liberalisation.
Indian Infrastructure Stocks to Watch Out For India’s infrastructure landscape is bustling with activity as key players like Larsen and Toubro Limited, Adani, GMR Infrastructure, HFCL Ltd, and Reliance Infrastructure Ltd spearhead transformative projects across various sectors. Among these giants, Larsen and Toubro Limited stands out as a powerhouse, offering comprehensive engineering, procurement, and construction solutions. Adani, boasting India’s largest commercial port, plays a pivotal role in facilitating a quarter of the country’s cargo movement. GMR Infrastructure focuses on vital sectors like highways and airports, while HFCL Ltd specialises in telecom infrastructure and advanced equipment manufacturing. Meanwhile, Reliance Infrastructure Ltd takes a multifaceted approach, driving infrastructure advancements through Special Purpose Vehicles across diverse sectors like power, roads, metro rail, airports, and defence. As India channels investments into initiatives like the Gati Shakti Master Plan and the National Infrastructure Pipeline (NIP), the emphasis shifts towards segments like renewable energy, transportation, and logistics, steering the nation closer to its ambitious 2025 goal of a $US 5 trillion economy.
Amidst this dynamic landscape, Atmastco emerges as a notable contender, achieving commendable milestones in its operations and projects. From securing major contracts to expanding its infrastructure and diversifying into EPC projects in ferrous and non-ferrous domains, Atmastco demonstrates a commitment to tapping into new markets and growth opportunities. With a robust track record of project delivery and execution excellence, the company manages EPC orders worth 445 Cr from esteemed clients like Vedanta, Adani, and Jindal, underscoring its significant contributions to India’s evolving infrastructure ecosystem. Moreover, Atmastco’s recent establishment of a new factory in Bhilai and its recent IPO announcement highlights its dedication to enhancing production, capacity, and efficiency, further solidifying its position as a key player in India’s infrastructure sector.
