English business news channel BTVI has hosted an on-ground session ‘Invest in India - Bharatmala Special’ in Mumbai, providing a common platform to the government and stakeholders to share insights on this initiative. The Bharatmala Project, piloted by Union Minister Nitin Gadkari, is the largest highway and related infra construction project in the country that will not only improve infrastructure but boost the nation’s economic growth.
“Invest In India” was telecast on BTVI on December 16 and 17.
Gadkari said, “Post-independence, Bharatmala is India’s most ambitious infrastructure project worth over Rs 7 lakh crore. Under Bharatmala, we have completed a survey of over 600 districts, mapping of 12,000 shortest routes carrying 90 per cent of freight with diversification of routes. This project will be a major driver for economic growth as it focuses on optimising efficiency of road traffic movement across the country by bridging critical infrastructure gaps.”
The ‘by-invite’ session, which was sponsored by Reliance Mutual Fund, witnessed the participation of leading organisations, including Larsen & Toubro, HCC, MEP Infra, Reliance Infra, Dilip Buildcon, NCC, IRB Infra, GMR Infra, Adani, Punj Lloyd, Essel Infra, Gammon India, SREI Infra, ICRA, CRISIL, S&P, PwC, KPMG, EY and Deloitte among others. In the days ahead, BTVI will organise more such government and industry connect events.
Siddharth Zarabi, Executive Editor, BTVI, said, “The infrastructure growth story of the country will ride on several initiatives of the central government under Prime Minister Narendra Modi. The Bharatmala scheme is the most ambitious initiative of its kind not just in India, but all of South Asia. Coupled with other initiatives like Sagarmala, this effort would have a transformational impact on our economy. The expected step up in GDP growth will come through government spending and the Bharatmala initiative will drive massive investment opportunities for a wide variety of companies.”