Infrastructure Trends and Growth
India's infrastructure sector is booming with government spending reaching ₹10 lakh crore in 2023-24, highway construction tripling to 33.8 km/day, and operational airports doubling to 157 while handling 500,000+ daily passengers.
Infrastructure Trends and Growth
India’s infrastructure sector is undergoing a historic boom backed by massive public and private investment. Government spending on infrastructure jumped to ₹10 lakh crore in 2023–24 (up from ₹53,000 crore a decade earlier)
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Record spending and CapEx: Capital expenditure on infrastructure (roads, railways, urban projects, etc.) rose ~5.7× over ten years, reaching ₹3.01 lakh crore in 2023–24 (the highest ever. State budgets and private sector funding are also high, supporting power, telecommunications, and utilities expansion.
Road and highway expansion: India has one of the world’s largest road networks (~1.5 million km of National/State highways). Major highway projects are advancing rapidly. For example, National Highways now span ~146,145 km, up from 91,287 km in 2014. Four-lane (and above) highway stretches have expanded from ~18,000 km in 2014 to ~48,000 km in 2024. The flagship Bharatmala Pariyojana (economic corridors) has completed nearly 18,926 km so far. Highway construction speed has nearly tripled to ~33.8 km/day (2023–24) from ~12 km/day a decade ago.
Airports and connectivity: India’s civil aviation infrastructure is also booming. The number of operational airports more than doubled to 157 by 2024 (vs. 74 in 2014). This expansion – along with the UDAN regional connectivity scheme – makes air travel more accessible, even in smaller cities. In fact, domestic air traffic on a single day topped 500,000 passengers in Nov 2024.
Infrastructure Trends and Growth
India’s infrastructure sector is undergoing a historic boom backed by massive public and private investment. Government spending on infrastructure jumped to ₹10 lakh crore in 2023–24 (up from ₹53,000 crore a decade earlier)
Resort-Ready Wardrobe Essentials
Record spending and CapEx: Capital expenditure on infrastructure (roads, railways, urban projects, etc.) rose ~5.7× over ten years, reaching ₹3.01 lakh crore in 2023–24 (the highest ever. State budgets and private sector funding are also high, supporting power, telecommunications, and utilities expansion.
Road and highway expansion: India has one of the world’s largest road networks (~1.5 million km of National/State highways). Major highway projects are advancing rapidly. For example, National Highways now span ~146,145 km, up from 91,287 km in 2014. Four-lane (and above) highway stretches have expanded from ~18,000 km in 2014 to ~48,000 km in 2024. The flagship Bharatmala Pariyojana (economic corridors) has completed nearly 18,926 km so far. Highway construction speed has nearly tripled to ~33.8 km/day (2023–24) from ~12 km/day a decade ago.
Airports and connectivity: India’s civil aviation infrastructure is also booming. The number of operational airports more than doubled to 157 by 2024 (vs. 74 in 2014). This expansion – along with the UDAN regional connectivity scheme – makes air travel more accessible, even in smaller cities. In fact, domestic air traffic on a single day topped 500,000 passengers in Nov 2024.
"Strong infrastructure doesn’t just support buildings; it builds the backbone of thriving communities."
"Strong infrastructure doesn’t just support buildings; it builds the backbone of thriving communities."
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