The Future of Transportation Infrastructure in India

The ever growing population of India and bustling cities has pushed the need for efficient, sustainable and comfortable transportation systems. The growth of the Indian economy is driven by technological advancements, policy initiatives and urbanization. The Indian transportation system needs to integrate advanced technology in its operations as it faces issues of congestions, safety concerns, etc. Intelligent Transport Systems have been introduced to contribute towards the transformation of the transportation sector in India.

Transportation Infrastructure in India

The major cause of global warming is pollution which is caused by the transportation system. India is planning towards improving transportation infrastructure by transforming the public sector with the use of sustainable solutions and technological advancements. 

The country aims to achieve sustainable transportation goals by encouraging electric mobility, bio-fuel driven and hydrogen powered vehicles taking a lead over old transportation systems that are being used in the country. This will help India to fulfill its goals of cutting GHG emissions by 2030. As a consequence of this India is evolving towards novel modes and smart energy sources. Here are some major aspects on which the country is focused for investment purposes.

Electric Vehicles

It is one of the most efficient initiatives to reduce air pollution by adopting electrification strategies. Electric public transportation systems that include buses can result in reducing air pollution and concerning this the government has aimed to deploy 50000 electric buses by the year 2030 under the program called National Electric Bus Program (NEBP).

Multimodal Integration

The program initiated by the government focuses on a diverse mix of modes of transportation to cater to public needs. The diverse mix includes metro rail expansion, waterways, pod taxis, cable cars, etc. The motive of the multimodal mix is to enhance the overall efficiency of the public transportation system by making it seamless. The government has invested around INR 1.1 trillion in the Mumbai-Ahmedabad high speed railway project.

Smart Charging Facilities

A shift towards encouraging the use of electric vehicles as a sustainable solution, technological solutions related to smart charging infrastructure are required to make electric vehicles more viable.

Artificial Intelligence Traffic Management

Artificial Intelligence or AI is one powerful technological tool that is being used to revolutionize traffic management. AI can be efficiently used to offer a smooth travel experience by optimizing traffic signals, reroute vehicles as well as reducing fuel consumption.

Airports and Aviation

Indian is focusing towards the need of controlling air traffic by expanding its airport infrastructure. India has planned to develop new international airports while expanding the previous ones to control the air traffic as well as to improve connectivity with small towns and regions.

Ports and Waterways

Improving the transportation system includes the development of ports and inland waterways that can help to cut the transportation costs. The waterways are being developed for cargo transportation while improving the connectivity of coastal regions.

Measures Implemented by the Government

Government is committed towards promoting sustainability while ensuring that new systems operate on electricity instead of diesel. Let me familiarize you with some of the initiatives taken by the government to improve the transportation infrastructure in the country.

• A step has been taken towards improving freight movements by investing INR 800 billion in the project.
• Metro expansion is focused in cities like Mumbai, Bangalore, Delhi and Hyderabad by investing billions of dollars towards the projects.
• UDAN is one scheme through which the government plans to expand existing airports with an investment of approximately INR 450 billion.

Future Prospects of Sustainable Transportation Infrastructure

India aims to achieve a sustainable transportation system throughout the country to reduce carbon footprints from the environment and eliminate issues of global warming. With this motive, the country aims to achieve its targets of:

Sustainable Infrastructure

The motive is to develop green surroundings by reducing the use of fossil fuels and encourage green bonds to achieve sustainability while increasing the investments towards renewable energy sources.

Technology and Innovation

Technology is an important aspect of transformation in any sector and is also responsible for shaping the future of public transport. The use of hyperloop technology for high speed travel, artificial intelligence, IoT, big data analytics is a road towards smart transportation systems.

Development and Employment

In future, the development of transportation infrastructure ensures creating employment opportunities through large scale infrastructure projects. It ensures growth of the economy by improving connectivity in underdeveloped regions.

Why to invest in Transportation Infrastructure?

Private investments are encouraged towards transportation infrastructure and achieve the goals of the Indian economy. Investments into this sector offer benefits like

Boosting the Economy

Improving public transport entails economic benefits for the country which can give multiplied returns to the shareholders in the long term. The economy can experience a surge through increase in employment and connecting people to their jobs, training and leisure activities.

Reduce Air Pollution

Apart from the economic benefits, environmental benefits are also ensured as using electric vehicles can result in reducing air pollution which has serious effects on the health of people. The move of Indian transportation towards zero-emission will provide clean surroundings.

Multiplied Returns

Investors can enjoy benefits of multiplied returns during the economic growth of the country. Some of the major stocks where investors can analyze to generate maximum returns in future are:

• GMR Airports Infrastructure
• Delhivery
• JSW Infrastructure
• Blue Dart Express
• Shipping Corporation (SCI)

Wrap it up…

The future of transportation in India seems to be very bright and appealing. Investors can make the best of this opportunity by investing into the sector. To invest in any sector, an individual needs to correctly identify the entry and exit points with sector support. You can learn all of this by enrolling into the Trading in the zone course offered by GTF.

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