Knight Frank Report Highlights $2.2 Trillion Infrastructure Need for India's $7 Trillion Economy by 2030
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- Knight Frank reports India needs $2.2 trillion for infrastructure by 2030.
- Private investment in infrastructure fell from $160 billion to $39.2 billion.
- Central government aims for a fiscal deficit below 4.5% by 2025.
- Shishir Baijal stated, “India’s ranking in the Logistics Performance Index improved from 54 to 38.”
- India's infrastructure in 2023 compared to China's in 2007 shows significant gaps.
- Urban population growth of 14% from 2013-2023 necessitates mass transport expansion.
- Challenges for private investment include delays and financing difficulties, requiring urgent measures.
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