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INFRASTRUCTURE




          Transforming India’s Infrastructure




          While various policy levers and conditions are driving the unprecedented economic boom in the
          lives of over 1.4 Bn people, in India, the significant growth in infrastructure and its quality in recent
          times, have been a key propeller in the development of the country. Karan Sethi, Vice President,
          Invest India, relooks at India’s growth scenario




                 t a time when India is     In the last ten years, India invested   through sector specific programs,
                 celebrating its 79th year   over USD 1.2 Trn in building   adopted technology/digital
                 of independence, it is also   infrastructure and continued this   platforms, and created financing
                 uniquely positioned at    momentum by allocating USD       mechanisms to energise the
          A the threshold of greater       130 Bn (3.4% of GDP) in its latest   industry’s execution capacity.
          economic rise. This year, the    budget, marking a five-fold increase
          country is expected to become    from ten years ago. This has     Creating Infrastructure
          the fourth largest economy       resulted in the creation of world-
          in the world, underscoring a     class infrastructure assets aimed at   for New India
          remarkable and rapid rise from   bringing down the cost of logistics,   Through the National
          the tenth position merely ten    improving the ease of doing      Infrastructure Pipeline (NIP) set
          years ago. During this period,   business and augmenting the quality   forth in motion India’s target to
          the Indian juggernaut trebled in   of life of its people. This also bears   invest over USD 1.4 Trn (2020-
          size (nominal GDP) and was the   nexus to the multiplier effect (2.5 to   2025) in infrastructure development
          fastest growing large economy    3.5 times in GDP) that investment   spanning the length and breadth of
          in 2024-25 at 6.5%. The country   in the sector has on manufacturing,   the country. The NIP paved the way
          is expected to continue this     services, and employment, serving   for sub-sector blueprints focused
          trajectory of economic ascent and   as a catalyst for growth.     to take infrastructure growth to
          become the world’s third largest   Apart from increasing its capital   the bottom of the pyramid and
          by 2030, doubling its nominal    expenditure, the government has   positively impact every business and
          GDP.                             developed robust project pipelines   individual in the country.




































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