New Delhi, July 8 -- Capital Expenditure, which has witnessed tremors lately due to the market slowdown, is expected to resume on a growing order pipeline of infrastructure Engineering and Construction (E&C) companies.

In the latest report dedicated to analysing the Infrastructure E&C sector, SMIFS Limited, however, added that the progress rate may be slow because of a higher base.

After several years of strong awarding activities, the key sectors within the infrastructure domain have entered a period of muted tendering activities in FY24 and FY25. This slowdown is largely due to cost and time overruns in various underlying schemes, heightened expenditures on numerous welfare initiatives, and disruptions caused by both general and key s...