Infra development is key for making India a $5 tn economy
ECONOMY & POLICY

Infra development is key for making India a $5 tn economy

India's Prime Minister is fervently pursuing the vision of elevating the country to a $5 trillion economy, with a primary focus on robust infrastructure development. In his view, the cornerstone of this ambitious endeavor lies in addressing critical aspects such as water supply, power generation, transportation networks, and communication systems.

The Prime Minister underscores the indispensable connection between infrastructure development and catalyzing industrial growth and capital investments. A well-established infrastructure framework, he believes, is the catalyst for attracting industry and capital, both of which are prerequisites for generating employment opportunities. The ultimate goal, he emphasizes, is to eradicate poverty, a mission intricately linked to employment creation.

One significant initiative aligned with this vision is India's participation in the G20 Alliance for Biofuel. This alliance represents a substantial stride towards energy sustainability and self-reliance. India is already harnessing advanced technology to produce ethanol from a diverse range of sources, including sugarcane juice, molasses, various types of molasses (B-molasses, C-molasses), corn, food grains, rice, wheat, and even bamboo. Notably, a new ethanol production facility has been established in Panipat, specializing in the conversion of rice straw into ethanol.

Moreover, Indian Oil, a leading energy corporation, is poised to expand its biofuel efforts by producing not only ethanol but also bio-bitumen and bio-aviation fuel. The Prime Minister expresses optimism about future technological advancements, including the potential to convert carbon dioxide into ethanol, which could be a transformative development for the nation.

India's commitment to infrastructure development and sustainable energy solutions reflects its dedication to achieving economic growth and prosperity, aligning with the Prime Minister's overarching vision for the nation's future.

India's Prime Minister is fervently pursuing the vision of elevating the country to a $5 trillion economy, with a primary focus on robust infrastructure development. In his view, the cornerstone of this ambitious endeavor lies in addressing critical aspects such as water supply, power generation, transportation networks, and communication systems. The Prime Minister underscores the indispensable connection between infrastructure development and catalyzing industrial growth and capital investments. A well-established infrastructure framework, he believes, is the catalyst for attracting industry and capital, both of which are prerequisites for generating employment opportunities. The ultimate goal, he emphasizes, is to eradicate poverty, a mission intricately linked to employment creation. One significant initiative aligned with this vision is India's participation in the G20 Alliance for Biofuel. This alliance represents a substantial stride towards energy sustainability and self-reliance. India is already harnessing advanced technology to produce ethanol from a diverse range of sources, including sugarcane juice, molasses, various types of molasses (B-molasses, C-molasses), corn, food grains, rice, wheat, and even bamboo. Notably, a new ethanol production facility has been established in Panipat, specializing in the conversion of rice straw into ethanol. Moreover, Indian Oil, a leading energy corporation, is poised to expand its biofuel efforts by producing not only ethanol but also bio-bitumen and bio-aviation fuel. The Prime Minister expresses optimism about future technological advancements, including the potential to convert carbon dioxide into ethanol, which could be a transformative development for the nation. India's commitment to infrastructure development and sustainable energy solutions reflects its dedication to achieving economic growth and prosperity, aligning with the Prime Minister's overarching vision for the nation's future.

Next Story
Technology

AI-Enabled Workflows Lift Profitability and Productivity

Organisations modernising frontline workflows with artificial intelligence, automation and real-time data are reporting stronger financial performance, higher productivity and improved employee engagement, according to a global study by Zebra Technologies and Oxford Economics.The research covered 1,000 senior leaders across retail, manufacturing, transportation and logistics in the US, Mexico, the UK, Germany, India, Japan, Australia and New Zealand.In transportation and logistics, 54 per cent of companies that improved picking and packing operations reported faster operational performance, wh..

Next Story
Real Estate

India Leads Global AI Readiness but Implementation Lags

Indian companies lead global averages across all eight artificial intelligence readiness indicators tracked by JLL, but only 19 per cent have started making changes to their workplaces, according to the JLL 2026 Future of Work Survey.The study found that 77 per cent of Indian business leaders expect AI to change their office requirements, creating a 58-percentage-point gap between awareness and implementation. The survey covered more than 2,200 CEOs, CFOs and real estate leaders across 21 countries during the first quarter of 2026.Despite concerns over automation, 58 per cent of Indian leaders..

Next Story
Equipment

Three WOLFF Cranes Build Riyadh Cable-Stayed Bridges

Three WOLFF 180 B luffing jib cranes are supporting the construction of two cable-stayed bridges alongside the existing Wadi Laban Bridge in Riyadh, Saudi Arabia. The project is being developed for the Royal Commission for Riyadh City and executed by the ICRC joint venture comprising IC Ictas and Al Rashid Trading & Contracting Company.The cranes are handling lifting operations including formwork, reinforcement, concrete placement, work platforms, surveying equipment and other construction materials. Each crane is fitted with a 40 m jib, reaches a hook height of 157 m and offers a maximum ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement