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In the next two decades, India is expected
to double its economic infrastructure in terms of roads,
telecommunication systems, water supply, power generation, ports
and airports.
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Government of India is taking initiatives to
further open up infrastructure development to private sector in
order to boost growth and development.
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India Infrastructure Finance Company Limited, a specialised
venture to fund big Infrastructure project, has already been
incorporated.
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According to Prime Minister Dr. Manmohan Singh, India's
infrastructure and transportation sectors require nearly $400
billion USD investment over the next 7-8 years to maintain India's
growth and develop a world-class infrastructure.
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Projects like Golden Quadrilateral (Joining four metropolitan
cities viz. Delhi, Kolkata, Chennai, and Mumbai with 8 lane mega
highway), Metro rail and Sky bus projects etc. are inviting use of
sophisticated and breakthrough technologies and multi-skilled work
force.
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