Public projects in India are unpredictable and foreign investors are watching.
- India’s rapidly growing economy could be hindered by the sorry state of their public roads.
- India’s roads are narrow and often unnavigable. Their condition often stalls industrial activity and sometimes causes perishable goods to spoil before reaching their destination.
- India is looking towards foreign investors to fund a massive reparation of India’s roads. However, because of India’s reputation for poorly completed infrastructure projects, few outsiders are game to invest.
Facts & Figures
- National highways account for only 2% of India’s total road network
- New Delhi plans to build 7,000 km of new road every year
Best Quote
“Delays are a fact of life in India, and investors know it.” – J.N. Singh, member of finance, National Highways Authority of India.
Tags: developing nations, emerging markets, India, infrastructure