Prime Minister Narendra Modi has highlighted a dramatic surge in India’s infrastructure investment, stating that annual spending has increased more than sixfold to over ₹12 lakh crore, compared to less than ₹2 lakh crore before 2014.
The Prime Minister made this statement while addressing a public gathering during the inauguration of key infrastructure projects, underscoring the government’s sustained focus on infrastructure-led economic growth and national development.
He emphasised that infrastructure development across sectors such as roads, highways, railways, airports, and waterways has accelerated significantly over the past decade, forming the backbone of India’s growth strategy.
According to the government, this sharp increase in capital expenditure reflects a long-term policy shift towards building high-quality, future-ready infrastructure, aimed at improving logistics efficiency, reducing travel time, and boosting productivity across industries.
The rise in spending is also supported by record budgetary allocations, with public capital expenditure reaching around ₹12.2 lakh crore in FY27, further reinforcing the government’s commitment to sustaining infrastructure momentum.
The Prime Minister noted that infrastructure expansion is not limited to major urban centres but is also transforming regional and semi-urban areas, improving connectivity and unlocking new economic opportunities. Projects such as expressways, metro rail systems, dedicated freight corridors, and new airports are contributing to balanced regional development.
He further remarked that infrastructure plays a critical role in shaping the nation’s future, stating that “a country’s progress is defined by the strength of its infrastructure ecosystem,” highlighting its importance in achieving the vision of a ‘Viksit Bharat’ (Developed India).
The significant increase in infrastructure spending has also been linked to job creation, improved supply chains, and enhanced competitiveness, positioning India as a rapidly developing global economy with strong foundational assets.
The sixfold rise in infrastructure investment marks a transformational shift in India’s development trajectory, with the government continuing to prioritise large-scale capital expenditure as a key driver of long-term economic growth.
