What is the key takeaway from India Budget 2026 for Singapore investors?

The budget emphasizes policy stability and a FY27 capex push in shipbuilding, highways, and metro. That supports multi‑year tenders and clearer earnings paths for infrastructure‑linked companies. For Singapore, it points to steady deal flow in maritime and project finance, plus more predictable returns in India‑exposed funds.

Which sectors could benefit first from India’s FY27 capex priorities?

Shipbuilding and coastal logistics may see early momentum as orders for yards and port services ramp. Highway upgrades can boost cement, steel, equipment, and logistics. Metro buildouts support EPC works, signaling, and rolling stock. Watch tender awards, backlog growth, and delivery milestones to confirm revenue conversion.

How can Singapore investors gain exposure to India’s infrastructure theme?

Use diversified India or Asia ex‑Japan funds with infrastructure weights, or strategies focusing on engineering, materials, logistics, and urban transport suppliers. Track order intake, execution track record, and cash conversion. Stagger entries, manage SGD/INR risk, and monitor valuation versus earnings upgrades as tenders convert to revenue.

What risks should investors monitor despite the positive capex outlook?

Execution remains key: land acquisition, regulatory clearances, and input cost inflation can delay projects or squeeze margins. Funding mix and leverage must stay prudent. Currency swings affect SGD returns. Focus on firms with strong balance sheets, fixed‑price controls, and consistent cash flow from India FY27 capex pipelines.

Law and Government

India Budget 2026, February 10: Capex Targets Shipbuilding, Highways, Metro

ByHuzaifa Zahoor February 10, 2026February 10, 2026

India Budget 2026 sets a steady course for FY27 capex, with officials flagging shipbuilding, highways, and metro as priority sectors on February 10. For Singapore investors, this signals clearer tender pipelines, stronger order books, and policy stability that reduces volatility. We see implications across engineering services, materials, and logistics. With close trade and maritime links, Singapore stands to benefit from cross-border flows in finance and services. We outline sector signals, funding paths, and practical portfolio moves tied to India Budget 2026.