Summary:

In comparison to less than Rs. 2 lakh crore prior to 2014, India's yearly infrastructure investment has increased sixfold to over Rs. 12 lakh crore (US$128.56 billion). This was emphasized by Prime Minister Narendra Modi during the opening of the Rs. 12,000 crore, 210-kilometer Delhi-Dehradun Expressway. The plan to use infrastructure as a growth multiplier, increasing regional connections, cutting travel times, and improving logistics efficiency is reflected in the spike in capital spending. It boosts manufacturing competitiveness and attracts private investment. Push is in line with the idea of Viksit Bharat 2047. Initiatives like the highway support wildlife corridors while facilitating travel between Delhi, Uttarakhand, and industrial areas. Expanding infrastructure improves supply chains, lowers freight costs, and speeds up the flow of people and products along economic corridors.

Source: IBEF

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