The govt has identified 400 ports and shipping projects for private sector investment

Nearly $1.4 trillion investment is needed for infrastructure development in India. The revival and strong performance of the infra sector is key to achieve the ambitious target of $5 trillion economy set by Prime Minister Modi for 2025. By MANJU YAGNIK

The finance minister announces affordable rental accommodation for migrant workers and urban poor and extends subsidy under the prime minister’s housing programme.

Multimode transport is yet to be a reality in India. There are no dedicated corridors that connect ports with Indian rail or inland waterways.

The progress on projects such as Dedicated Freight Corridors (DFCs), high-speed rail and redevelopment of railway stations is likely to mark a paradigm shift in the country's railways sector.

I am very sure that past investments and better connectivity are going to help reduce the logistic costs and increase connectivity on pan-India basis.

Even as the country's aviation industry is projected to be among the global top three by the next decade, there is a need to address certain pressing issues to ensure that the growth momentum is maintained in the long-term.

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.

Adani Ports and Special Economic Zone (APSEZ) has been regularly expanding capacities to capture new business opportunities. Captain Sandeep Mehta, President, (APSEZ), talks to INFRASTRUCTURE TODAY about the role and impact of private ports in India.