India pipped Japan to become the third-largest automobile market after China and the US in 2022 with sales of 4.25 million vehicles.
Even as highway and railway projects are increasingly financed out of Budget, the minister reiterated that finances aren't a hurdle for accelerating the pace of India's massive infrastructure upgrade.
Speaking after giving away the FE CFO Awards here, the minister said use of the right inputs, proven technologies and innovative financing models like the one pioneered for the Mumbai-Pune Expressway over two decades ago, will at once help reduce costs and improve quality and durability of infrastructure.
He also underlined how the infrastructure policy is increasingly being linked to the agriculture sector, in a manner that would benefit all stakeholders farmers, developers and users.
The country's "surplus food grains" production and resultant storage issues could be turned into an opportunity to raise the production and use of bio-fuels, he noted.
Denne historien er fra May 10, 2023-utgaven av Financial Express Mumbai.
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Denne historien er fra May 10, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Murdoch ally helps Ambani build media empire in India
SOHEE KIM PR SANJAI
Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?
GOING INTO THE 2022 T20 World Cup in Australia Dinesh Karthik was assigned the finisher role and the batting lineup was built accordingly.
Nestle adds sugar to infant milk and cereal, finds report
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India-made Daimler's electric mini truck to hit the road soon
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Samsung eyes ₹10,000 cr from India TV biz this year
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Microsoft AI Copilot speed boost for coding
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US, China debt pose risks for global public finances: IMF
THE WORLD's TWO great economic rivals, China and the US, will drive much of the increase in global public debt over the next five years, with US spending creating trouble for many other countries by keeping interest rates high, officials at the International Monetary Fund said in a report.
Language models in consumer tech
This move is designed to ensure better user experience & privacy
'Data centres' energy use doubles every four years'
Data centres are significant energy consumers, using about 2% of the world's power and emitting carbon dioxide equivalent to the airline industry.
Vi FPO: Foreign players invest big; about ₹5,400 crore raised
GQG, Fidelity buy almost 40% of the anchor investor portion
