Infrastructure's a vital component of economic growth, is a key measure of a country's position on the global stage and is also the second pillar that is assessed by the World Economic Forum when determining the competitiveness of a nation and attractiveness for an investor. Thus, the need of a well-planned infrastructure for promoting sustained & inclusive economic growth cannot be over looked. T
he infrastructure is being developed to meet global trade requirements, multiple policy initiatives like higher budgetary allocations have been introduced, industrial corridors, tax reliefs and innovative P.P.P models have all been incorporated. Yet, the gap between infrastructure demand and supply remains large. This can majorly be attributed to the severe procedural delays in the ex*****on of projects, lack of financial investments, issues with deadline compliance which subsequently results in escalated resource costs; all impeding the pace of development. It makes absolute sense,when considerations are not kept limited only to the policies but focus on results and ex*****ons as well. A major reform can be achieved if leaders and visionaries from the sector come together on one platform to address the critical issues and discuss optimal solutions. In this perspective, the ET Edge is pleased to introduce 'The Economic Times - Infra Focus Summit', which strives to bring together visionaries, policy makers and senior leaders to discuss solutions that will help infrastructure move beyond policies to implementation.
