The ‘Infrastructure Sector’, as we know it today, was born in 2001 when then Prime Minister Atal Bihari Vajpayee launched the Golden Quadrilateral project to kickstart the Indian economy, which had suffered a series of jolts beginning with the Asian financial crisis of 1997 to the dotcom bust in the year 2000, where several companies inspired by the Internet boom failed financially.
The Tirupati railway station is set to become a world-class station by 2023. Due to the Tirumala Tirupati Balaji temple situated in the city, the Tirupati station receives a high footfall of railway passengers on a regular basis.
India is set to spend USD 1.4 trillion on developing its infrastructure in the next five years, according to the Union Finance Minister Nirmala Sitharaman. The move is seen in the backdrop of the country’s ambitious goal to become a USD 5 trillion economy by 2024.