
The development of the Transport Infrastructure in India across various areas such as roads, railways and ports has gained tremendous pace in the last few years. The Transport sector in India is expected to grow at a compounded annual growth rate of 5.9 per cent, thereby becoming the fastest growing area of the country’s entire infrastructure sector.
The development of the Transport Infrastructure in India across various areas such as roads, railways and ports has gained tremendous pace in the last few years. The Transport sector in India is expected to grow at a compounded annual growth rate of 5.9 per cent, thereby becoming the fastest growing area of the country’s entire infrastructure sector.
In order to create a world class infrastructure, the government has laid significant emphasis on expanding and developing the sector across the country through several initiatives like the Bharatmala project, electrification of railway tracks, focus on high-speed trains, the Sagarmala programme and by actively working on e-mobility solutions for clean and cost-effective mobility of the population.
In addition, the key focus has been on enhancing the intermodal transport connectivity as well as the logistics infrastructure in the country through an effective and valuable public-private partnership (PPP). The private sector has also made a remarkable contribution to the sector by undertaking many projects for the development of infrastructure as well as catering to the financial need of the sector.
The road sector has attracted private investments with new measures like the Hybrid Annuity Model (HAM), Toll-Operate-Transfer (TOT) model, improved land acquisition process, the launch of masala bonds and Infrastructure Investment Trusts (InvITs) besides other initiatives. The Indian Railways has gained traction with investment potential in areas such as elevated rail corridor in Mumbai, some parts of dedicated freight corridor, freight terminals, redevelopment of stations and power generation/energy saving projects. The introduction of Sagarmala programme, Major Port Authorities Bill, 2016 and the ‘Landlord port’ model have all been instrumental in giving a boost to the Ports & Shipping sector.
The government is also working in tandem with various automobile companies and relevant policy stakeholders to achieve the target of selling only electric-vehicles by 2030 and has identified key areas related to transport mobility where significant policy reforms can be initiated.
A system of smart Transport infrastructure is imperative for connecting and spurring economic growth in our country. Several opportunities are available in areas like roads and highways, fast-speed trains, development of ports and multi modal hubs where private investments and policy initiatives can play an extremely important role in providing a world class infrastructure in the country.
Team Leader
Komal Sharma
Additional Director

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National Seminar on Accelerating the Pace of Highways Development in India
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