Bengaluru, Aug. 5 -- Adani Group's Rs.1.53 trillion ($16 billion) capital expenditure in FY26 is set to do more than just build airports, data centres and renewable power projects. Billionaire Gautam Adani's investment spree is expected to fuel growth for at least half-a-dozen smaller listed engineering, procurement and construction (EPC) companies, many of which already derive a significant share of their order books from the conglomerate.

With chairman Adani saying his group accounted for nearly a third of India's total private capex last year, the increased spending could help these companies accelerate growth after a relatively subdued FY26 for many. Mint's review of company disclosures shows Adani contributed over 80% of the orders ...