The government of India is seeking to attract investors in invest in expanding its infrastructure. India is targeting investor for its energy, transport and technology sectors. The expansion of Indian infrastructure will lead the country towards economic prosperity.
Effective infrastructure is seen as a sure way to improve service delivery in the country. Conventionally, the state was responsible for infrastructure development, however, with the insufficiencies, the private sector has been encouraged to invest.
The government of India has identified the French government as a possible investment partner. India seeks to have the French government aid it in improving its energy and transport infrastructure. India has laid down policies to govern foreign investment. The public and private sector of France has been encouraged to explore this opportunity.
Under the transport sector, the Indian government seeks to expand its roads, airports, ports and railway transport. Adequate transport facilities are prerequisite to ensuring economic growth. The National Highways Authority India is seeking to expand transport infrastructure to eliminate transport insufficiencies such as delays. This will improve accessibility which in turn promotes the development of other industries.
Investment in the energy sector will boost energy production in the country. Industrialization in Indian is rapidly growing hence an increased demand for energy. The current energy infrastructure cannot sufficiently produce energy to cater for the needs of the country. The country is being forced to expand its energy infrastructure to produce additional Megawatts of energy for the new industries. The power short fall holds back the country from realizing its full potential.
Investors from the public and private sector must work hand in hand to bridge the gap in resources that India faces. They can share their managerial skill for a better and well developed India. Investors should explore this opportunity to help improve the capacity of India.