The World Bank projects India's economy to expand by 6.7% annually in the next two fiscal years, highlighting strong domestic demand and infrastructure development as key growth drivers.
After a subdued performance in FY25, the Indian government is expected to raise the highway budget by 5-6% in FY26 to boost infrastructure development.
Government plans ₹50,000 crore investment to enhance India's inland waterways infrastructure.
India aims to bring down its logistics costs from 16% of GDP to 9% within the next two to three years, as announced by Union Minister Nitin Gadkari. This ambitious target seeks to strengthen economic competitiveness by streamlining the nation’s supply chain infrastructure. Infrastructure Development Initiatives The government is accelerating infrastructure projects,
Union Minister for Road Transport and Highways, Nitin Gadkari, has announced the construction of 75 tunnel projects across India, collectively worth ₹49,000 crore. These projects are part of the government’s efforts to enhance connectivity in remote areas, improve infrastructure, and boost economic growth. Major Tunnel Projects Underway Gadkari revealed that the tunnel
Prime Minister Narendra Modi has praised the PM GatiShakti National Master Plan (PM NMP) for its transformative role in revolutionizing India’s infrastructure. In a recent social media post, PM Modi emphasized how GatiShakti is accelerating multimodal connectivity, enhancing logistics, and driving job creation, all crucial components for achieving a “Viksit
The Union Cabinet, chaired by Prime Minister Narendra Modi, has given the green light to the Chennai Metro Rail Phase-II project, which is set to transform the city’s public transport infrastructure. The project, approved on Thursday, will add three new corridors to the existing network, covering a total length of 118.9 km and featuring 128 […]