Prime Minister Narendra Modi led government has rolled out infrastructure projects worth nearly Rs 5 lakh crore during its third term. Major projects that have been approved in the first two years of PM Modi led regime include airports, ports, highways and railways. The projects aim to strengthen rail, road, sea and air connectivity. These measures have enhanced India’s capacity and logistics efficiency. The highways sector has accounted for the highest investment of Rs 1,97,644 crore. In the railway sector 43 projects covering 5,869 km of new lines and multi-tracking, with an investment of Rs 1,52,583 crore, stand approved. The new projects are expected to ease congestion, improve freight movement and enhance passenger services. The infrastructure initiatives undertaken in the third term reflect the government’s focus on building world-class connectivity, generating employment and supporting sustained economic growth. Together, these projects aim to seamlessly integrate different modes of transport, reduce logistical bottlenecks and bring distant regions closer to markets and opportunities. Such integrated infrastructure development is crucial for a country of India’s size and diversity, where efficient movement of goods and people can significantly boost productivity and competitiveness. The focus on ports and airports further reflects the government’s vision of positioning India as a global manufacturing and logistics hub. Modern ports improve turnaround time and reduce export-import costs, while expanded airport infrastructure supports the rapid growth of civil aviation and regional connectivity. Together, these investments strengthen India’s integration with global supply chains and support initiatives such as ‘Make in India’ and ‘Atmanirbhar Bharat’. Beyond physical assets, infrastructure spending has a strong multiplier effect on the economy. Large projects generate employment, both directly in construction and indirectly through demand for steel, cement, machinery and services. They also crowd in private investment by creating a stable and enabling environment for business. The infrastructure initiatives undertaken in the third term clearly signal that the government views connectivity not merely as a development goal, but as a strategic tool for sustained economic growth. If implemented efficiently and on schedule, these projects can transform India’s logistics landscape, improve quality of life and lay a robust foundation for the country’s aspiration to become a developed economy in the coming decades. |