After the difficult 2011-14 years, things are looking up for the infrastructure sector, Antique Stock Broking has said. This has come on the back of a host of government initiatives.
The increase in budgetary allocation for sectors like roads and railways has also helped. Assuming growth of 8%, infra investment can tot up to R76 trn over the next five years, it says. The road sector is a vital component of this, since the national highways, which carry 40% of passenger traffic, comprise only 2% of India’s road network at present.