USD 575 billion investment opportunity in transport infra in next 5 yrs.

The transport infrastructure sector in India holds an investment opportunity of USD 575 billion in the next five years, according to a report. Although the country has improved its transportation landscape over the last two decades, much remains to be done to meet the increasing demand now and in the years ahead, the report by management consulting firm Kearney.
India holds an investment opportunity of USD 575 billion in the transport infrastructure sector in the next five years, the report said.
"Roads and Railways constitute 80 percent of the total investment opportunity driven by investments in flagship projects such as Bharatmala Pariyojana, Dedicated Freight Corridor, High-Speed Rail, etc," the report titled 'Harnessing the opportunities in India's transportation infrastructure' said.
However, it identified delays in land acquisition, clearance, constraints in funding for infrastructure projects, lack of efficient dispute resolution mechanism as key challenges in realizing the investment opportunity.
"Significant opportunities exist in various transportation infrastructure in India, prioritizing the most important ones is of paramount importance.
"Although there are obstacles to realizing the vast potential, these challenges can be overcome with a concerted and coherent strategy across the key stakeholders: government authorities, concessionaires and contractors, and financial institutions," Manish Mathur, Partner, and Head Asia Pacific, Transportation and Infrastructure Practice for Kearney, said