Posted 12/24/2023, 5:44:21 PM
India Aims to Invest Over $1.8 Trillion in Infrastructure by 2030 to Power $5 Trillion Economy Vision
- Infrastructure sector to be biggest driver for India's $5 trillion economy goal and developed nation status by 2047 as per Vision 2047 document
- Record $10 trillion capital spending proposed in 2023-24 budget for infrastructure growth especially in roads, railways and ports
- India to invest over $1.8 trillion from 2024-2030 in infrastructure, more than double the past 7 years
- Strategic projects like Atal Tunnel, Dhola-Sadiya Bridge showing government's commitment to connectivity
- Rapid progress in ports with over 800 projects worth $75 billion under Sagarmala Programme by 2035, 237 already completed