Thursday, October 06 2022

September 12, 2022

Indian people can enjoy roads like American roads

New Delhi – Union Minister for Road Transport and Highways Shri Nitin Gadkari has called for investors from the US to come forward and invest in roads and highways projects in India which is a gold-mine for investors. Inaugurating virtually the 19th Indo-US Economic Summit of The Indo-American Chamber of Commerce he said The United States of America and India are prominent democracies of the World with strong bilateral relations. He said we are natural partners and have lot to contribute for mutual growth. Both the countries have always shown mutual trust, respect and co-operation on the social, economic and strategic front. The theme chosen this year- “The New Agenda for next 25 years”, will set the roadmap for strengthening our relationship, he added.

Shri Gadkari said our emphasis has been on creating a sustainable business ecosystem with an inclusive growth model. He said we need to encourage out-of-the-box thought process and promote creative agenda to weave new pathways. He said Prime Minister Shri Narendra Modi has set a vision for India to become a 5 trillion dollar economy by 2025. The Minister emphasized that today, India is one of the fastest growing economies and stands at fifth position in the World. A well-developed infrastructure enhances economic activity, creates new businesses and promotes job creation. He said our Government is investing 1.4 trillion dollars in infrastructure development through National Infrastructure Pipeline. The Road sector will account for 19% of this capital expenditure over period of 2019 to 2025. He said the Government has launched the Prime Minister National Gati Shakti Master Plan for holistic and integrated infrastructure development in the country.