‘Increased investment in infra, renewable energy, logistics must to boost growth’

Sandeep Jain, CFO, NDR InvIT Managers shares, “The Government of India has implemented several measures to boost the infrastructure and logistics sectors. Initiatives like the National Logistics Policy (NLP) and BharatmalaPariyojana are strengthening these sectors and enhancing connectivity. Each kilometer of road constructed improves connectivity, fueling the growth of the logistics sector. These initiatives are crucial for India to achieve its $5 trillion economy goal. In February, the Finance Minister of India unveiled a significant 11% increase in capital infrastructure spending for the upcoming fiscal year, raising the capital expenditure outlay to ₹11.11 lakh crore. We believe the upcoming budget will be focused on Viksit Bharat and it presents a critical opportunity for the government to further fortify India’s infrastructure sector. Increased investment in infrastructure projects, particularly in renewable energy, transportation, and logistics, will not only drive economic growth but also create jobs and improve overall connectivity. While the government has taken various steps to strengthen India’s infrastructure and logistics sector, there is also a need for GST rationalization. Additionally, more emphasis on boosting consumption will further support the growth of these sectors. In the upcoming budget, measures like tax incentives for InvIT investments and streamlining regulatory processes will significantly enhance their ability to attract capital and contribute to India’s long term infrastructural goals.”