Over the past few years, railways have transitioned from being just a means of public utility to a key pillar of India’s capital expenditure cycle, with sustained policy support, improved project execution, and better financial discipline.
As railways play a crucial role in eliminating supply chain bottlenecks and fostering a robust manufacturing and export ecosystem, Ashwini Shami, President and Chief Portfolio Manager, OmniScience Capital, expects it to continue to receive substantial budget allocations for capital investments in the next budget.