2013 Overview: Business Sectors in India


2. Infrastructure

India's infrastructure development has been exponential over the years. The Union Ministry of Commerce and Industry released data that the infrastructure industry combined of, petroleum refinery products, coal, electricity, cement, steel, fertilizers and natural gas etc cover around 37.90 percent of the Index of Industrial Production.

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The Planning Commission has proposed that investment in infrastructure would almost twice at U.S. $ 1,025 billion in the Twelfth Five Year Plan (2012-17), compared to U.S.$ 514 billion in the Eleventh Plan out of which 50 percent of the investment is expected to come from private sector. Goldman Sachs, the investment banking company said that India's infrastructure industry will require U.S. $ 1.7 trillion investment in the next 10-years. This year the government also approved licensing of land for Public Private Partnership, PPP projects at 12 major ports of India.

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