From iPhone 14 to Ola, India Has a $1.2 Trillion Plan to Snatch Factories From China
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In India, half of all infrastructure projects are delayed, and one in four run over their estimated budget.
In India, half of all infrastructure projects are delayed, and one in four run over their estimated budget. Prime Minister Narendra Modi believes technology is the solution to these perennial and notorious bottlenecks. Under a 100-trillion-rupee ($1.2 trillion) mega project called PM Gati Shakti -- Hindi for strength of speed -- Modi's administration is creating a digital platform that combines 16 ministries. The portal will offer investors and companies a one-stop solution for design of projects, seamless approvals and easier estimation of costs. “The mission is to implement projects without time overrun an...