Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. Infrastructure sector includes power, bridges, dams, roads and urban infrastructure development. In recent past, India jumped 19 places in World Bank's Logistics Performance Index (LPI), to rank 35th amongst 160 countries.
The Government of India is expected to invest highly in the infrastructure sector, mainly highways, renewable energy and urban transport.
Government has announced massive push to the infrastructure sector by allocating Rs 5.97 lakh crore (US$ 92.22 billion). Railways received the highest ever budgetary allocation of Rs 1.48 trillion (US$ 22.86 billion). Announcement of Rs 4,200 crore (US$ 648.75 billion) to increase capacity of Green Energy Corridor Project along with other wind and solar power projects.
India’s national highway network is expected to cover 50,000 kilometers by 2019, with around 20,000 km of works scheduled for completion in the next couple of years.
The Government of India also have a plan to provide wifi facility to 550,000 villages by March 2019 for an estimated cost of Rs 3,700 crore (US$ 577.88 million).