US$ 575 Bn Investment Prospect in Indian Transport infra
Although the country has improved its transportation landscape over the last two decades, much remains to be done to meet the increasing demand now and in the years ahead. The investment opportunity projected of US$ 575 Bn is projected in transport infrastructure sector in India over next five years
Published -
May 22, 2020 6:01 AM
Although the country has improved its transportation landscape over the last two decades, much remains to be done to meet the increasing demand now and in the years ahead. The investment opportunity projected of US$ 575 Bn is projected in transport infrastructure sector in India over next five years. A report by Kearney highlights that 80% of the total investment opportunity are driven by flagship projects such as Bharatmala Pariyojana, Dedicated Freight Corridor, High Speed Rail, etc. However, the delays in land acquisition, clearance, constraints in funding for infrastructure projects, lack of efficient dispute resolution mechanism are the key challenges in realizing the investment opportunity. Manish Mathur, Partner and Head Asia Pacific, Transportation and Infrastructure Practice for Kearney, said, “Significant opportunities exist in various transportation infrastructure in India, prioritizing the most important ones is of paramount importance. Although there are obstacles to realizing the vast potential, these challenges can be overcome with a concerted and coherent strategy across the key stakeholders: government authorities, concessionaires and contractors, and financial institutions.”
Tags : News/Views Latest News Bharatmala Pariyojana US$ 575 Bn Investment Prospect in Indian Transport infra Manish Mathur Kearney government authorities Dedicated Freight Corridor High Speed Rail transportation landscape transport infrastructure