The Road Transport & Highways Ministry has invested around Rs 3.17 trillion (US$ 47.7 billion), while the Shipping Ministry has invested around Rs 80,000 crores (US$ 12.0 billion) in the past two and a half years for building world class highways and shipping infrastructure in the country. The Government of India is expected to invest highly in the infrastructure sector, mainly highways, renewable energy and urban transport, prior to the general elections in 2019.
A total of 6,604 km out of the 15,000 km of target set for national highways in 2016-17 has been constructed by the end of February 2017, according to the Minister of State for Road, Transport & Highways and Government of India.
The Government of India is taking every possible initiative to boost the infrastructure sector.
Infrastructure is everyday essential need for the society, region and country, which is being formed by set of different categories and measuring device for the development of that specific country.
Of course each element is dependent on other and end results have major impact on the final resultant, which is easiness and comfort of society. Few examples are Electricity, Roads and Buildings, Water Supplies, Transport, Space and Telecommunications, Arms and Ammunition, Manufacturing Industries, Education. These are set of services / product offerings and are having different life spans for consuming the final services and hence proper management and step wise regulations are required by service / product offering companies.
‘CompAxed’ expertise on above subjects is vast and has carried out many Infrastructure assignments.