The PM Gati Shakti plan has received high appreciation from the American multinational investment bank and financial corporation Morgan Stanley, according to a recent article. According to the research, India has significantly increased its infrastructure over the past 10 years; investment is growing but is also more focused and may even be more fruitful. The report goes on to say that India will continue to push for infrastructure funding.

According to the report, it was stated that India's infrastructure investment is expected to increase steadily from 5.3% of GDP in FY24 to 6.5% of GDP by FY29. The report indicated that this would result in a strong 15.3% compound annual growth rate (CAGR) in infrastructure investments, leading to cumulative spending of USD 1.45 trillion over the next five years. It was noted in the report that this increase in investment would help raise the investment rate, contributing to a sustained period of high productive growth.

The report also mentioned that, contrary to popular belief, India's physical infrastructure scale already compares favourably to China's when viewed in the context of the GDP differential. Regarding the PM Gati Shakti scheme, it was mentioned that it had provided a significant boost to infrastructure development and multi-modal connectivity.

Referring to the World Bank's Logistics Index Report for 2023, the report noted that the average container dwell time in India was three days, which was better than countries like the UAE and South Africa (four days), the USA (seven days), and Germany (ten days). Additionally, the report highlighted that Indian ports' "turnaround time" had improved to 0.9 days, outperforming countries like the USA (1.5 days), Australia (1.7 days), and Singapore (1.0 days). In F24, it was reported that ports experienced an overall cargo growth of 7%, with 53% of the cargo handled by major ports that are government-owned.

The PM Gati Shakti National Master Plan for Infrastructure Development, launched by PM Narendra Modi in October 2021, was described as a digital platform aimed at integrating 16 ministries, including railways and roads, for coordinated planning and implementation of infrastructure connectivity projects. The multi-modal connectivity facilitated by PM Gati Shakti aimed to ensure seamless movement of people, goods, and services across different modes of transport, driven broadly by roads, railways, airports, ports, mass transport, waterways, and logistic infrastructure.

According to the Morgan Stanley Report, initiatives under the PM Gati Shakti scheme were reported to be yielding results. Up to April 2023, a total of 101 projects worth Rs 609 billion had been identified for implementation in the ports and shipping sectors under the scheme. Among these, 26 projects worth Rs 89 billion had been completed, while 42 projects worth Rs 153.4 billion were under development and 33 projects worth Rs 366.4 billion were under implementation. It was projected that 14 projects worth Rs 205.4 billion would be completed by December 2023.

Furthermore, the Ministry of Ports, Shipping, and Waterways (MoPSW) was reported to be implementing a comprehensive port connectivity plan in coordination with relevant ministries. Under the Sagarmala programme, the report stated that 220 projects worth Rs 1.12 trillion had been completed, 231 projects worth Rs 2.21 trillion were under implementation, and 351 projects worth Rs 2.07 trillion were at the evaluation stage. Development activities were said to have commenced on the first 13 of the 26 feasible national waterways