As India´s urban population goes up from 26 to 51 per cent in a decade, the need for upgrading urban infrastructure is most acute here. China has caught up in the past six years. Indian infra requirements include budget housing, road infrastructure, bridges, flyovers and underpasses to connect small towns to cities and then to the metros.
Tag: PwC report
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PPP and water management still don't jell
Private players have been shying away from PPP in water management due to lack of transparency in the system, longer gestation of return on investment and above all RoI is much lower compared to other infrastructure projects. With upsurge in economic activities and rapid growth in urbanisation, proper water management system has to be in place. According to a recent PwC report, almost 590 million people are expected to live in Indian cities by the year 2030.