Infrastructure Sector: Driven By Government Initiatives And Tailwinds

Special Feature On Infrastructure Sector

The success of the infrastructure industry is regarded as an indicator of economic growth. Mandar Wagh explains how the government’s focus on infrastructure, increased capital expenditure, initiatives such as the National Infrastructure Pipeline and the PM Gati Shakti National Master Plan as well as developments including electric vehicles, will all contribute to growth
 

Infrastructure is a segment of the construction industry which also includes real estate and urban development. The primary building blocks of the infrastructure industry include roads, highways, railways, electricity, telecommunication systems, water supply, dams, airports, warehousing facilities and gas pipelines. While achieving social objectives such as ensuring that all citizens have access to basic services and amenities, infrastructure development also generates significant employment and boosts connected industries like real estate, telecommunication and power. The success of the infrastructure industry is regarded as an indicator of economic growth.