How will next 10-15 years be different for India?
In the next 10 years,India will undertake massive infrastructure projects which will propel India to a $5 Trillion economy
A thread🧵on how India is spending big on Infrastructure upgradation like never before
Lets go👇
(1/17)
How big is India's Infra push?
India spent $14 Trillion on infrastructure in the 75 years since its independence.
$7 trillion was in the last 9 years.
Another $7 Trillion will be spent in the next 9 years!
Big Big Spending is coming in!
(2/17)
So where is this money being spent?
1. Roads
There has been an increase in the construction of National Highways (NHs)/roads over
time, with 10,457 km of roads constructed in FY22 as compared to 6,061 km in FY16.
(3/17)
In FY23(until October 2022), 4,060 km of NHs/roads were constructed, which was around 91 per cent of the achievement in the corresponding period of the previous financial year
(4/17)
The ambition is to take the rate of daily highway construction in India to 100km per day
Dubbed India’s ‘highway revolution’,
Rapid highway construction is central to the country’s push to transform itself into a staggering US$5 trillion economy by 2025.
(5/17)
NHAI constructs 25 km road in a record 18 hour time👇
(6/17)
financialexpress.com/auto/industry/…
Railways:-
The capital expenditure on infrastructure in railways has received a tremendous
boost since 2014.
It has seen a continuous increase in the last four years with Capex (B.E.) of
₹2.5 lakh crore in FY23, up by around 29 percent compared to the previous year
(7/17)
Major spending has been across:-
1. Track doubling
2. Rolling Stock
3. Electrification projects
(8/17)
The government is spending aggressively on:-
1. Vande Bharat trains
2. Dedicated Fright Corridor
3. Mumbai-Ahmedabad High-Speed Rail
(9/17)
Railways is on fast track to achieving 100% electrification by 2024👇
(10/17)
business-standard.com/article/specia…
Vande Bharat Trains are fast-tracked:-
The contract, which is worth ₹58,000 crore, to manufacture 200 Vande Bharat trains and maintain them for the next 35 years is being given
(11/17)
Dedicated Freight Corridor:-
The 1724km Dedicated Freight movement corridor will help faster movement of goods
(12/17)
financialexpress.com/infrastructure…
Metro push:-
Each Indian city and town has a large number of proposed new lines,
The following table lists out cities / towns with with serious proposals that could possibly materialize as light rail (Metrolite) and be built in the next 10 years.👇
(13/17)
Airports Push:-
UDAN scheme is a flagship scheme of the government.
The government has approved setting up of 21 green field projects at a cost of 4500cr
(14/17)
UDAN( Ude Desh ka Aam Nagrik) Scheme:-
The Budget has proposed to double the outlay for the regional connectivity scheme, UDAN, to ₹1,244 crore, from the current year’s budgetary estimates of ₹601 crore.
(15/17)
The outlay is part of the efforts to operationalize 1,000 UDAN (Ude Desh ka Aam Nagrik) routes and to revive or develop 100 unserved and underserved landing sites such as airports, heliports, water aerodromes and advanced landing grounds by 2024
(16/17).
Conclusion:-
India is spending aggressively on
1. Roads
2. Railways
3. Airports
Over the next 10 years, a lot of this infrastructure will get built and will form the basis of good growth over the decade to come
India ka time aa gaya hai!
(17/17)
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