The government is moving faster to boost its urban development mission as it plans to splash a whopping Rs 98,000 crore. Today, the cabinet has approved the creation of 100 smart cities with an outlay of Rs 48,000 crore. The projects will be completed by 2022 under the public-private-partnership model.

KHED CITY is one of India´s largest integrated development project near Chakan in Pune. KHED CITY is being implemented by Khed Economic Infrastructure Pvt. Ltd. (KEIPL) - a Joint Venture of the Kalyani Group and Maharashtra Industrial Development Corporation (MIDC).

The Finance Minister has taken a very pragmatic approach and crafted a Budget in a manner which can provide a boost to both infrastructure and manufacturing which will create employment and also augment India´s competitiveness vis-a-vis its peers and at the same time adhered to the Prime Minister´s ´Make in India´ vision

This is the framework required to ensure the vision of the smart city translates from innovative engineering, architectural and technological ideas, into reality. Modern civilizations of the world have witnessed differential growth leading to an increase in the complexities of how cities or towns need to be managed, funded, regulated and designed.

Well-developed backward and forward infrastructure is essential for manufacturing. Building a high class infrastructure is crucial to spur growth in manufacturing sector and enhancing the competitiveness of this sector in India.

With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.

Work has started on one of the country´s most ambitious infrastructure projects, the Delhi-Mumbai Infrastructure Corridor, The Department of Industrial Policy & Promotion (DIPP) has set the ball rolling on the funding of this mega venture, and will also be soon floating RFQs for the project´s execution.

The construction equipment industry has witnessed substantial investments in the recent past with several companies setting up manufacturing bases, and the demand is likely to rise with the focus on infrastructure development.

Significant developments is expected shortly in the Dholera Special Investment Region (DSIR) as the Delhi Mumbai-Industrial Corridor Corporation (DMICDC) Trust, the Government of India´s nodal agency for the execution of the DMIC project has agreed to pump in Rs 3,000 crore for infrastructure development at the SIR, mainly for flood control in the area.