India's Road Sector Industry Outlook

India's Road Sector Industry Outlook

Thursday, July 16 2020

The initial report ‘Report of the Task Force on National Infrastructure Pipeline for 2019-2025’ published on 31 December 2019 stressed that in order to achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (INR 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure. The challenge is to step-up annual infrastructure investment so that lack of infrastructure does not become a binding constraint on the growth of the Indian economy1.

The initial report ‘Report of the Task Force on National Infrastructure Pipeline for 2019-2025’ published on 31 December 2019 stressed that in order to achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (INR 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure. The challenge is to step-up annual infrastructure investment so that lack of infrastructure does not become a binding constraint on the growth of the Indian economy1.

The initial report ‘Report of the Task Force on National Infrastructure Pipeline for 2019-2025’ published on 31 December 2019 stressed that in order to achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (INR 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure. The challenge is to step-up annual infrastructure investment so that lack of infrastructure does not become a binding constraint on the growth of the Indian economy1.

The initial report ‘Report of the Task Force on National Infrastructure Pipeline for 2019-2025’ published on 31 December 2019 stressed that in order to achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (INR 100 lakh crore) over these years on infrastructure. In the past decade (FY 2008-17), India invested about $1.1 trillion on infrastructure. The challenge is to step-up annual infrastructure investment so that lack of infrastructure does not become a binding constraint on the growth of the Indian economy1.

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