Indian infrastructure spend to rise 15.3% in the next five years
ECONOMY & POLICY

Indian infrastructure spend to rise 15.3% in the next five years

India's infrastructure investment is set to grow at a compound annual growth rate (CAGR) of 15.3% over the next five years, marking a significant surge in expenditure, according to Morgan Stanley. This anticipated expansion is projected to result in a cumulative spending of $1.45 trillion in the country.

Describing infrastructure investment as crucial for economic backbone, Morgan Stanley highlighted India's efforts over the past decade to bolster both investment size and productivity. The firm underscored the potential for further growth, citing recent government policies as a positive step forward.

Morgan Stanley's report, "The New India - Infrastructure," highlighted that the increased infrastructure spending is expected to drive a period of sustained high growth, supported by heightened capital expenditures (capex), improved macroeconomic stability, enhanced productivity, and prolonged economic growth.

The brokerage firm noted the pivotal role of Prime Minister Gati Shakti, also known as the National Master Plan for Multi-modal Connectivity, in accelerating infrastructure project execution while mitigating cost escalations. This initiative is anticipated to unlock productivity gains and elevate overall efficiency across various sectors.

In terms of macroeconomic impact, the surge in infrastructure spending is projected to elevate infrastructure investment from 5.3% of GDP in FY 2023-24 to 6.5% of GDP by FY 2028-29. This growth trajectory is expected to yield positive outcomes for equity markets, benefiting stakeholders such as facilitators, developers, and adopters alike.

(Source: ANI & HT)

India's infrastructure investment is set to grow at a compound annual growth rate (CAGR) of 15.3% over the next five years, marking a significant surge in expenditure, according to Morgan Stanley. This anticipated expansion is projected to result in a cumulative spending of $1.45 trillion in the country. Describing infrastructure investment as crucial for economic backbone, Morgan Stanley highlighted India's efforts over the past decade to bolster both investment size and productivity. The firm underscored the potential for further growth, citing recent government policies as a positive step forward. Morgan Stanley's report, The New India - Infrastructure, highlighted that the increased infrastructure spending is expected to drive a period of sustained high growth, supported by heightened capital expenditures (capex), improved macroeconomic stability, enhanced productivity, and prolonged economic growth. The brokerage firm noted the pivotal role of Prime Minister Gati Shakti, also known as the National Master Plan for Multi-modal Connectivity, in accelerating infrastructure project execution while mitigating cost escalations. This initiative is anticipated to unlock productivity gains and elevate overall efficiency across various sectors. In terms of macroeconomic impact, the surge in infrastructure spending is projected to elevate infrastructure investment from 5.3% of GDP in FY 2023-24 to 6.5% of GDP by FY 2028-29. This growth trajectory is expected to yield positive outcomes for equity markets, benefiting stakeholders such as facilitators, developers, and adopters alike. (Source: ANI & HT)

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code