On paper, IndiaĆĀ“s infrastructure industry is poised for a phenomenal growth in 2017 with several trillion dollars worth of roads, highways, rail, airport and Metro projects simultaneously launched by Prime Minister Narendra Modi, a week before 2016 saw its last setting sun.
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Full Steam Ahead
Speaking recently at the industry lobby group FICCI's annual general meeting in New Delhi, Nitin Jayram Gadkari, Union Minister for Road Transport and Highways and Shipping, said the government has proposed a multimodal transport hub plan, which seeks to integrate major modes of transport such as roads, railways, ports and air.
Remaking India
The infrastructure sector, with transportation at the forefront, is a key enabler, acting as no less than a spinal cord for any economy and India is no exception. The infrastructure sector can be referred to as a set of basic services, facilities and physical installations required for smooth functioning of quality life in a country.
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