Contributing to nearly 9% of the country’s overall GDP, the infrastructure and logistics industry plays an instrumental role in the Indian economy, driving the move towards progress and development. Despite the setback caused by the pandemic in the first half of the current fiscal, data suggests promising growth trends for the sector, which is expected to grow at a CAGR of 7% from 2020 to 2025, propelled by development demands and focused government initiatives. As the gradual unlocking of the country urges the resumption of major construction projects, one can expect a much-awaited surge in the industry; especially with the government extending dedicated efforts for infrastructure, coupled with plans to spend approximately 1.4 trillion USD worth of investment.
Although the infrastructure industry comprises a variety of activities, the most prominent of which fall under the umbrella of civil construction, involving large-scale and localised projects. Specifically, the construction of roads, flyovers, controlled-access expressways enjoy extended focus from the government because of the fundamental role they play in facilitating connectivity. One major company in India involved in undertaking the planning and implementation of such road construction projects is G.R. Infraprojects Limited.
Bu hikaye MOTORINDIA dergisinin January 2021 sayısından alınmıştır.
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Bu hikaye MOTORINDIA dergisinin January 2021 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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