India Fast-Tracks Big Infrastructure to Boost Growth

12 Sep 2025 CW Team

India is shifting its policy focus to fast-tracking approvals for large-scale infrastructure projects under the ‘Viksit Bharat 2047’ plan, following the implementation of Goods and Services Tax (GST) reforms. Government officials said ministries have been instructed to prioritise projects of national importance, especially those spanning multiple states or transforming entire sectors.

The road transport ministry aims to construct 50,000 km of access-controlled highways over the next 10–12 years at an estimated cost of Rs 20 billion. The Union Budget for FY26 allocated Rs 11.21 billion for infrastructure spending, with public-private partnerships (PPP) expected to play a key role in projects with strong return potential, easing pressure on state finances. Officials noted that bundling projects will accelerate approvals, with PPPs as the primary financing mechanism for high-return ventures. The strategy is designed to support India’s 7.8 per cent GDP growth in Q1 FY26 amid global tariff pressures and geopolitical risks.

The World Bank has emphasised that India needs to raise its real investment rate from 33.5 per cent of GDP to 40 per cent by 2035 to sustain long-term growth. Rising infrastructure needs underpin the nation’s urbanisation, climate commitments, and economic development goals. Capital expenditure surged to Rs 2.75 billion during April–June 2025, representing 24.5 per cent of the full-year target, reflecting the government’s investment in large-scale projects to stimulate growth and employment.

Meanwhile, global rating agency Fitch, citing the robust 7.8 per cent growth in Q2 2025, revised its FY26 growth forecast upwards to 6.9 per cent from the 6.5 per cent projected in June.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..