India Needs $2.2 Trn Investment In Infra To Become $7 Trn Economy By 2030

Hyderabad: An estimated investment of $2.2 trillion into infrastructure development is imperative to support India’s GDP size to expand to $7 trillion by 2030. The private participation in infrastructure development has to surge to $324 billion from $103.2 billion secured until 2030, says a report.

India’s economy is required to grow at a CAGR of 10.1% between 2024-2030 to achieve its target. Private participation in infrastructure development in India has decreased This shift has led to a larger share of government-led investments, potentially widening the fiscal deficit. Maintaining a controlled fiscal deficit is crucial for long-term economic stability and effective debt management. According to Knight Frank India’s latest report India Infrastructure: Reviving Private Investments

Private capital in frastructure development has decreased significantly, from USD 160 bn (46.4% of total investments) between 2009-13 to USD 39.2 bn (7.2%) between 2019-23. existing investment share composition of Centre (51.2%), State (44.1%), Private (4.7%), the estimated gross fiscal deficit in 2030 will still be 4.7% The central government aims to reduce its gross fiscal deficit to below 4.5% by 2025.