Morgan Stanley's Praise for PM Gati Shakti Scheme and Infrastructure Growth in India
| Aspect | Details |
|---|---|
| Report Source | Morgan Stanley |
| Key Focus | PM Gati Shakti Scheme and Infrastructure Development in India |
| Infrastructure Investment | - Expected to increase from 5.3% of GDP in F24 to 6.5% of GDP by F29. |
| - Expected CAGR of 15.3%. | |
| - Cumulative spending of USD 1.45 trillion over the next five years. | |
| PM Gati Shakti Scheme | - Launched in Oct 2021 by PM Narendra Modi. |
| - Aims for multi-modal connectivity across 7 engines: roads, railways, airports, ports, mass transport, waterways, and logistic infrastructure. | |
| Ports and Shipping Projects | - 101 projects worth Rs 609 bn identified for implementation. |
| - 26 projects worth Rs 89 bn completed. | |
| - 42 projects worth Rs 153.4 bn under development. | |
| - 33 projects worth Rs 366.4 bn under implementation. | |
| Sagarmala Programme | - 220 projects worth Rs 1.12 tn completed. |
| - 231 projects worth Rs 2.21 tn under implementation. | |
| - 351 projects worth Rs 2.07 tn under evaluation. | |
| World Bank Logistics Index 2023 | - Average Container Dwell Time: India (3 days), UAE (4 days), South Africa (4 days), USA (7 days), Germany (10 days). |
| - Indian Ports Turnaround Time: 0.9 days (better than USA, Australia, and Singapore). | |
| - Ports Cargo Growth in F24: 7%, with 53% handled by major ports. |