The Pradhan Mantri Awas Yojana - Urban (PMAY-U), being implemented by the Ministry of Housing and Urban Affairs under the mission ‘Housing for All by 2022’ since June 2015, needs a concerted push to succeed.

By fiscal year 2023, India will be looking at a whopping investment requirement of Rs 38.6 trillion in the infrastructure sector. Over a period of time, the government spending has completely overshadowed private sector investment which was 37 per cent in 2008, and a gradual downward curve between 2013 and 2017 was witnessed.

The infrastructure sector is highly responsible for propelling India's overall development. With intense focus, the government has initiated policies to ensure time-bound creation of world-class infrastructure in the country.

The Government of India has announced the development of industrial corridor projects so as to contain the urbanisation challenge and majorly give a strong boost to the country's manufacturing and industrial potential.

Despite price sensitivity of the Indian market remaining a major challenge, Conrad Latham, General Manager, Atlas Copco Compressor Technique, India cites that to be competitive in India, the global players are willing to pay for the value of options that are normally associated with improved energy efficiencies like variable speed drive compressors, permanent magnetic motors, cost-effective adsorption dryers or even higher IE-rated motors.

Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.

In India, the urban rail network has grown significantly over the past 10-12 years, from about 90 km in 2006 to 444 km as we speak.

INFRASTRUCTURE TODAY spoke to the then interim Finance Minister on the sidelines of AIIB Annual General Meeting in a length over various issues, especially funding for infrastructure.

Metro railways has become an integral part of the city commute in 10 cities of India and there are as many as 20 cities where metro rail is planned or under-construction.