Extract from Economic Survey, 2025, India #top 10 from Chapter06: INVESTMENT AND INFRASTRUCTURE: KEEPING IT GOING 1. Economic Survey projects 6.3-6.8% GDP growth in FY'26. The industrial sector grew by 6.2 per cent in FY-25 as per the first advance estimates of GDP, driven by robust growth in electricity and construction. 2. The government has recognised the importance of continuing the pace of infrastructure building and the increasing need to promote sustainable construction practices. 3. Amrit Bharat Station Scheme: Under this initiative, aimed at enhancing railway station amenities, 1337 stations have been identified for redevelopment; work has started in 1197 of them. 4. The National Industrial Corridor Development Programme aims to create advanced industrial cities in India, positioning them as major manufacturing and investment hubs. In Phase 1, a total of 383 plots, covering 3,788 acres, have been allocated for industrial use in sectors such as electronics and semiconductors, renewables, automobiles and auto-ancillaries, white goods, pharmaceuticals, textiles, and apparel in four cities/townships. 5. Till December 2024, Six Multi-Modal Logistics Parks (MMLPs) in Chennai, Indore, Nagpur, Jalna, Jogighopa and Bangalore have been awarded. 6. Airport operators and developers, including the Airports Authority of India, are pursuing a capital expenditure plan exceeding ₹91,000 crore from FY20 to FY25. About 91 per cent of this has been achieved by November 2024. 7. The data centre market in India is expected to grow from US$4.5 billion in 2023 to US$11.6 billion by 2032, at a CAGR of 10.98 per cent1 8. PMAY-U 2.0 was launched in September 2024 to assist an additional one crore households. Currently, 29 states and union territories have signed agreements to implement PMAY-U 2.0, with approval having been granted for 6 lakh houses in FY25. 9. The government has placed infrastructure development at the centre stage of its fiscal and public policy agenda. The capital expenditure of the union government for FY25 has been budgeted at about 3.3 times the capex for FY20. In Q1FY25, the constraints on new approvals and spending during the general elections, coupled with heavy monsoon in many regions, affected the progress of the infrastructure spending. Between July and November 2024, the pace of capex has picked up. 10. The efforts of the Union Government would need to be supplemented with wholehearted acceptance of the need for public-private partnerships in infrastructure across the country. Source: https://www.indiabudget.gov.in/economicsurvey/doc/eschapter/echap06.pdf Courtesy: Ministry of Finance, Government of India