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(Construction.IndustryNews247.Com, April 14, 2018 )
Infrastructure is an important driver for the growth of economy of any region. Electricity, roads, water systems, public utilities, airports, railways, and telecommunications are essential services that drive the economic activity, by channelizing trade and mobility.
Growing urbanization in developing countries will help boost the infrastructure in sectors such as transport and power. Economic prosperity will channel finances towards manufacturing and transportation sectors, which primarily provide and distribute raw materials for the manufacture of consumer goods.
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Increased spending on infrastructure has a multiplier effect on the overall economic growth, as it demands industrial growth and manufacturing. This, in turn, boosts the collective demand, by improving living conditions.
According to research, the current infrastructure spending at the global level is USD 4.3 trillion.
A lot of emphasis has been laid on connecting institutional investors (banks, development banks, insurance companies, pension funds, hedge funds, REITs, endowments, mutual funds and a few others) with projects that need the investors’ capital, as well as creating an expanded role for public-private partnerships. However, a majority of infrastructure will most likely continue to be financed by the public and corporate sectors.
Read more details of the report at: http://www.orbisresearch.com/reports/index/infrastructure-sector-in-india-trends-industry-competitiveness-and-forecasts-to-2022
Infrastructure development in India is driven by certain social, economic and environmental factors, referred to as the enabling environment.
Social sustainability of infrastructure investments
Public ethics and transparency
Collaboration between the public, private, and civil society sectors
Society’s willingness to pay for infrastructure services
Track record of infrastructure investment
National vision for infrastructure projects
Stable legal and regulatory framework
Sustainable financing of infrastructure projects
Risk mitigation instruments
Capacity for infrastructure project creation, execution, and management
Environmental regulations and permitting process
Environmental impact mitigation opportunities
Magnitude of environmental activities
Source: World Economic Forum, PWC
In our report on the infrastructure sector in India, five key infrastructure sectors have been identified - social infrastructure, transportation, extraction, utilities and manufacturing. Each of these five sectors has been further segmented.
For key deliverables of our report, refer to the table of contents.
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