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India's Infra Deficit Too Large, Will Take Time To Be Eliminated: S&p | Business Standard News

by business-standard.com posted 2weeks ago 7 views
S&P Global Ratings today said India's infrastructure deficit is "too large" and the country still has a long way to go before it can close the sizable deficit between supply and demand. "India's infrastructure deficit is simply too large to eliminate any time soon. Infrastructure takes time to build, and perhaps more so in India than for many other countries," S&P Global Ratings credit analyst Abhishek Dangra said. The Indian government estimates infrastructure investment of USD 4.5 trillion will be needed through 2040, it said.