Skip to content

India Has a $1.2 Trillion Plan to Snatch Factories From China

  • India’s new web portal unifies ministries for easier approvals
  • South Asia nation is known for delayed infrastructure projects
Modi speaks during the launch of PM Gati Shakti in New Delhi, in Oct. 2021.
Modi speaks during the launch of PM Gati Shakti in New Delhi, in Oct. 2021. Source: Arvind Yadav/Hindustan Times/Getty Images

In India, half of all infrastructure projects are delayed, and one in four run over their estimated budget. Prime Minister Narendra Modi believes technology is the solution to these perennial and notorious bottlenecks. 

Under a 100-trillion-rupee ($1.2 trillion) mega project called PM Gati Shakti -- Hindi for strength of speed -- Modi’s administration is creating a digital platform that combines 16 ministries. The portal will offer investors and companies a one-stop solution for design of projects, seamless approvals and easier estimation of costs.