Advancing Tunneling in India Challenges, priorities and potential solutions
September 2024 | Transport Infrastructure
India is targeting to surpass Germany and Japan to become the world’s third-largest economy by fiscal 2027. Furthermore, with a vision to work towards Viksit Bharat, or developed India, by 2047, the country aims to take its economy beyond USD 30 trillion on its centenary year of independence. To achieve this ambitious goal, the government has embarked on a groundbreaking initiative to revamp the country’s public goods and fill the infrastructure gap, with the goal of boosting economic growth, improving connectivity, and enhancing the quality of life. Global cases show that each rupee spent on infrastructure boosts GDP by 2.5-3.5 times1