
The
importance of sound infrastructure for sustained economic growth and
development is well recognized in India. Today the Government of
country is taking initiatives to open up the infrastructure
development sector to private sector companies in order to boost the
growth and development. Investment in this sector has gained
momentum in the last few years and is experiencing a rapid growth
across different sectors of infrastructure. However, the present
investment in this sector taps only a small part of the tremendous
potential for infrastructure development opportunity that exists in
India.
Rising
Infrastructure Spending :
- According to an estimate, investments Rs. 12,660
billion will be made on infrastructure development
during the next five years (FY08-12) across all segments
- Construction sector, accounting for over 50% of the total
investment spending, will emerge as the biggest beneficiary
of the surge in infrastructure investment
- Road and power projects together would account for 64% of
the total infrastructure spending, led by policy reforms and
new government policies.
- Remaining investments are likely to be led by railways,
urban infrastructure, airports, ports etc.
|