Page 12 - CO_Feb_2023

COVER STORY

of Indian Infrastructure

According to the Department of Economic Affairs, GoI, Infrastructural
developments play a pivotal role in driving the overall growth of
the economy. The country made impressive progress in creating
inspirational infrastructural landmarks during 2022. Integrating with
‘Make in India’ and the production-linked incentives (PLI) scheme, the
Central Government launched the National Infrastructure Pipeline to
further boost the development of the infrastructure sector. To achieve
its $5 trillion economic plan by 2025, the country must invest $4.5
trillion in infrastructure development through 2030. Union Budget 2023-
24 has already given a huge fillip for the fast-tracked development of
infrastructure projects, now the stage is set for the private sector to play
its significant part and build a sustainable & envious roadmap for an all-
encompassing growth… writes, PRERNA SHARMA.

12 CONSTRUCTION OPPORTUNITIES|FEBRUARY 2023