Tag: municipal infrastructure

Urbanisation is no longer an option for India. Urban population is expected to grow to 590 million by 2030. India needs to build 15 cities of Mumbai’s size in next 10 years to accommodate the population. Cities would also need to invest hugely on infrastructure to bridge the infrastructure gap for ensuring high-quality living standards. It is estimated that India would require, over the next 10 years, between USD 800 billion and USD 2.2 trillion of investment in infrastructure to sustain economic growth