Infrastructure developers point fingers at government for their woes
Indian infrastructure firms on Sunday vented their frustration during a World Economic Forum event in Mumbai at what they saw as needless brakes on growth in a sector key to the country’s prosperity. Asia’s third-largest economy plans spending $1 trillion over the next five years to expand its clogged roads, tackle huge power shortages and overhaul its creaking railways. Lacking the financial muscle that China has to bring its infrastructure up to speed, the government has turned to the private sector to fund half of that target.
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