State road capex to surpass central in FY27

State road capex to surpass central in FY27 as construction pace slows to 21 km/day from 36.8 km/day in FY21, according to CareEdge. State governments are expected to lead infrastructure spending, overtaking central outlays by FY27. This shift may benefit state-contracted firms and regional players in the construction sector. Ongoing delays highlight execution challenges in the highway development pipeline.

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