CW’s webinar discusses the current economic scenario, the stimulus package, what can be done to revive the economy, and more...

India is blessed with an over 7,500 km long coastline. From the time of the Indus-Saraswati River Valley Civilisation to the early medieval period, the country was renowned for its intrepid sailors.

Just as 2019 drew to a close, the Central Government unveiled the Rs 102-trillion National Infrastructure Pipeline (NIP) to boost annual investment in the sector.

Meanwhile, after coming to power in 2014, though the National Democratic Alliance (NDA) understood the enormity of the problem it decided to make do with engineering, procurement, construction (EPC) as a stop-gap measure.

Maharashtra has always led the countrys industrial development scenario and continues to attract the largest quantum of investments both domestic and foreign.

Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).

Capital outlay for the infrastructure sector up to Rs 5.97 lakh crore in FY2018v19 (up 20.8 per cent over FY2018), with major increase for segments like railways, telecommunication and affordable housing.

Policy actions to revive stalled projects, expedite approvals, introduce hybrid annuity and toll-operate-transfer (TOT) models in highways, and sustain rapid growth in renewable capacity augur well for the infrastructure financing landscape.

India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.