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INDIA'S INFRASTRUCTURE FOCUS LINCHPIN OF ECONOMIC GROWTH

Gul Basantani, Partner, Government Infrastructure Advisory Services, Mazars in India

BY Realty Plus
Published - Friday, 05 Jan, 2024
INDIA'S INFRASTRUCTURE FOCUS LINCHPIN OF ECONOMIC GROWTH

Infrastructure stands as the backbone of India's economic aspirations, fostering efficient manufacturing, streamlined exports, and cost-effective freight delivery. The National Infrastructure Pipeline, coupled with initiatives like 'Make in India' and production-linked incentives, propels the nation towards its ambitious $5 trillion economy goal by 2025.

Traditionally concentrated on transportation, electricity, and water, a shifting environmental and demographic landscape prompts a broader approach. From housing to digital advancements, a comprehensive infrastructure spectrum ensures economic growth, improved quality of life, and heightened sectoral competitiveness.

Unlocking private investment opportunities, the Infrastructure Finance Secretariat sparks potential across railways, roads, urban infrastructure, and power. This initiative is set to catalyze transformative private investments.

In conclusion, India's unwavering focus on infrastructure development not only propels robust economic growth but also underscores its commitment to crafting a modern, efficient, and sustainable nation. As the nation advances on this trajectory, the infrastructure sector emerges as a linchpin, playing a pivotal role in shaping India's future economic landscape.

 

 

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