Has Indias infrastructure crumbled that it no longer can cope up with growing economic needs?
The business investors from abroad often pose this question. No is the answer to the first part of the above question. Indias infrastructure is alive and well and is adequate to the previously slow growing economy. Yes is the answer to the second part of the above question where accelerated growth of the last five years has made the existing infrastructure completely inadequate. It is no secret that this infrastructure needs to be rebuilt to a level where western investor is comfortable when he invests his money in India. Various estimates have been published from $150 billion to $330 billion required over next 5 to 10 years to rebuild power plants, roads, railways, ports, airports, water works, health care, education, upgrade city services etc. This tall order is outside governments capability to finance, let alone building it and successfully running it. Private finance and their co-operation are needed to push India into the twenty first century. Without it, outside investor will ha
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