US companies shall target to sell to India's Infrastructure needs ($1 trillion to be spent in next 5 years)
India Prepared for $1 Trillion in Infrastructure Spending
By Isac Simon | More Articles, March 10, 2011
According to official estimates, India plans to spend $1 trillion over the next five years to improve its infrastructure.
As just one piece of this larger trend, one should pay special attention to the transportation sector. The movement of goods in ports, trains, and highways needs to speed up. The government realizes this as a top priority. The fixing of chronic shortages of electricity and improvement in urban infrastructure have been prioritized.
The U.S.-India CEO forum had discussed a $10 billion debt fund to finance infrastructure during Obama's visit to India last November
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