Indian economy largely consists of roads and railways sector. Investments in the sector have gradually increased over the years to improve inter-state connectivity. However, due to the recent unprecedented conditions posed by COVID-19, daily transportation and freight movement came close to a halt during the lockdowns, shaking up the industry. To re-accelerate, over the coming 5 years, Indian Government is set to boost investments to INR 30T in the transport sector.
Credits:
Aryaman Tandon, Ashutosh Somani