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Upgrade of India’s Creaky Infrastructure Seen Delayed by Virus

  • Infra projects were prone to delays even before pandemic
  • Loan recast sought for construction companies to ease pain
Operations At Nhava Sheva Port As Trump Yanks India's Status as a Developing Nation
Photographer: Dhiraj Singh/Bloomberg

Infrastructure projects in India are infamous for cost overruns and delays, and they are set for even more pain as the coronavirus sweeps through Asia’s third-largest economy.

Construction of everything from roads to ports were behind schedule by an average three-and-a-half years, according to an analysis by the Statistics Ministry. Costs of 1,682 projects have shot up by a combined 4 trillion rupees ($54 billion) over their life cycle, the ministry’s latest update as of April shows.