India’s infra investments to grow 15.3% over next 5 years: Report Housing.com
A report from investment banking firm Morgan Stanley predicts a 15.3% compound annual growth rate (CAGR) in infrastructure investments, leading to a cumulative expenditure of $1.45 trillion (Rs 121.16 lakh crore) in India over the next five years. This surge is expected to significantly boost the investment rate and foster a prolonged period of high productive growth. The report also highlights that the Prime Minister’s Gati Shakti initiative, also known as the National Master Plan for Multi-modal Connectivity, will expedite infrastructure project execution and reduce cost overruns. This initiative aims to unlock productivity gains and enhance efficiency.
