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THE MEGA INFRA MAKEOVER

Fortune India

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February 2024

SOME OF INDIA'S BIGGEST INFRASTRUCTURE PROJECTS ARE GOING ONSTREAM SOON WITH PROMISE TO PUT ECONOMY ON A HIGH GROWTH PATH.

- ASHUTOSH KUMAR

THE MEGA INFRA MAKEOVER

₹31,67,470 CRORE

CENTRE’S TOTAL CAPITAL EXPENDITURE SINCE FY14

BE IT THE LUSH GREEN mountain ranges of Kashmir or outskirts of Gurgaon, country’s financial capital Mumbai or Prayagraj, where pilgrims from across the country take a dip in the holy Triveni Sangam, the confluence of Ganga, Yamuna and Saraswati, a common thread has been running through them for the past couple of years. Each of these places is set to reap benefits of one or more massive infrastructure projects—expressways, bullet train, airports, rapid rail, freight corridor— planned and funded at a scale unimaginable in India till a few years ago. The projects will provide a facelift to the country’s infrastructure, make its economic engines more efficient and push growth by keeping central government’s capital expenditure ticking.

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