India plans to put large infra projects in fast lane

New Delhi: India is readying a big-ticket infrastructure push, focusing on large projects with long gestation periods. Officials said mega projects like bullet train corridors, large shipbuilding yards, multiple ports and cess control highways, in line with the infrastructure vision for Viksit Bharat 2047, will be given on fast track. After the big-ticket goods and services tax reform, the Centre is keen to give impetus to infrastructure creation to further support growth. The Indian economy grew 7.8% in the first quarter and the government wants to ensure that growth remains on track amid geopolitical risks and US tariff pressures.