India Makes Investment In Shipping Ports, Roads And Railway
In an effort to boost the lagging economy, the Prime Minister of India has set an ambitious target for infrastructure project investment, in the coming year.
This year, the government has set an ambitious target of 44 projects, including two new major PPP Ports; one in East Coast (Andhra Pradesh) and the other in West Bengal.
Furthermore, there are plans to award 9,500 kms of road construction projects for this year. As well, the government’s plan includes work on the elevated rail corridor in Mumbai, two new loco manufacturing units at Madhepura and Marhowra, and a dedicated freight corridor; with 4 or 5 stations.