The 2025 Union Budget: A Blueprint for Infrastructure-Driven Growth
Jan 29, 2025
Mumbai (Maharashtra) [India], January 29: "As we look towards the 2025-26 Union Budget, it is clear that infrastructure expenditure will be a key driver of economic growth and development. With the government's allocation of Rs 11.1 lakh crore for infrastructure in the 2024-25 budget already setting a strong foundation, we expect this momentum to accelerate in critical sectors like railways, defence, power, and data centers. However, to fully realize the potential of these investments, targeted measures and incentives are essential. The upcoming budget should focus on stimulating investment across all sectors, providing the necessary push to drive demand and catalyze long-term growth. It is crucial for the government to reaffirm its commitment to the National Infrastructure Pipeline (NIP), with particular emphasis on initiatives like the PM Gati-Shakti National Master Plan and the Jal Jeevan Mission (JJM). Additionally, we expect continued growth in funding for urban infrastructure, affordable housing, and the JJM, reflecting the government's sustained focus on infrastructure development as a cornerstone of economic progress," said Sandeep Gulati, Managing Director, Egis South Asia.
