A 1350 km (8-lane) roadway called the Delhi Mumbai Expressway will cut the distance between India's two most important cities in half. Nitin Gadkari, the Union Minister for Road Transport & Highways, laid the cornerstone for the Delhi-Mumbai Expressway on March 9, 2019.
The backbone of the Indian economy, the infrastructure sector, is essential to improving the nation's overall development. Other sub-segments of the industry include telephony, power, roads, ports, and so forth. India has to enhance its infrastructure in order to reach its target of a $5 trillion GDP by 2025.
It is commonly acknowledged that infrastructure is a crucial component of any nation's economic success. India began its 12th Plan era last year, and it is anticipated that infrastructure investment of Rs 50 trillion over the next five years will double from that of the 11th Plan.
The infrastructure industry is one of the main contributors to ongoing growth in the several economic sectors that drive the Indian economy. By 2027, India's infrastructure sector is anticipated to expand at a CAGR of 8.2%. An additional source of infrastructure expansion potential has been the announcement by India, the US, Israel, and the UAE of the beginning of a quadrilateral economic forum in November 2021.