Investment banking company Morgan Stanley has anticipated a 15.3 per cent compound annual growth rate (CAGR) in infrastructure investments, which is projected to result in a cumulative expenditure of $1.45 trillion in India over the next five years. This surge in investment is expected to significantly boost the investment rate, fostering a prolonged period of high productive growth, the global investment company said in its recent report, The New India – Infrastructure. “Infrastructure investment is the backbone of any economy – and India has not only increased its investments on infrastructure in the last decade but also has worked on improving their productivity. Nonetheless, there is
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