Rs 100 trillion to be invested for infrastructure creation: Modi

16 Aug 2019 CW Staff

Prime Minister Narendra Modi’s sixth Independence Day speech laid special emphasis on the progress undertaken by his government after being re-elected, and in tune to that, he announced that the government would make an investment of Rs 100 trillion directed towards the development of infrastructure in the country.

He further predicted that this level of spending would aid India in doubling the growth of its economy to USD 5 trillion in the next five years.

As mentioned in the PIB release of the speech, the Prime Minister said “Our nation must march forward, but the country cannot now wait much longer for incremental progress, we will have to take a big leap, we will have to change our thinking. To make India reach the Global Standards we need to build modern infrastructure.”

Within the span of the last five years, key areas of spending under the Modi administration have been roads, railways, water, irrigation and urban infrastructure.

In his address, he highlighted the importance of developing the country across all spheres and mentioned the government’s take on ambitious projects like Sagarmala (ports) and Bharatmala (roads). Additionally, he spoke about the creation of infrastructure in areas such as clean energy, electric mobility, gas grid and efforts towards a gas-based economy.

“Earlier, when mobile phones were just in vogue, people were content that mobile phone had finally arrived. But now they discuss about data speed. We have to understand this transformation of psychology and changing times. We have to move forward in many fields, with the Global Benchmark like modern infrastructure, clean energy, gas-based economy, gas grid, e-mobility etc.”, he said.

The government’s vision of pushing forward the “Make in India” initiative also played a dominant role in the Prime Minister’s speech as he focused on creating a self-reliant nation.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..