“As we look towards the 2025-26 Union Budget, it is clear that infrastructure expenditure will be a key driver of economic growth and development. With the government’s allocation of Rs 11.1 lakh crore for infrastructure in the 2024-25 budget already setting a strong foundation, According to Mr. Sandeep Gulati, MD, Aegis South Asia we expect this momentum to accelerate in critical sectors like railways, defence, power, and data centers.
However, to fully realize the potential of these investments, targeted measures and incentives are essential. The upcoming budget should focus on stimulating investment across all sectors, providing the necessary push to drive demand and catalyze long-term growth. It is crucial for the government to reaffirm its commitment to the National Infrastructure Pipeline (NIP), with particular emphasis on initiatives like the PM Gati-Shakti National Master Plan and the Jal Jeevan Mission (JJM). Additionally, we expect continued growth in funding for urban infrastructure, affordable housing, and the JJM, reflecting the government’s sustained focus on infrastructure development as a cornerstone of economic progress.”
While sectors such as roads, railways, and power are receiving significant attention, I advocate for a more balanced approach. It’s important to consider the unique challenges of urban infrastructure and introduce sector-specific initiatives that prioritize sustainability, smarter city planning, and eco-friendly construction practices. Programs like the Pradhan Mantri Awas Yojana (PMAY) and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) should remain at the forefront.
Furthermore, public-private partnerships (PPP) will be crucial in driving sustainable infrastructure projects. We must explore new initiatives, such as incentives for green building materials and a comprehensive sustainability rating framework, to promote environmentally responsible urban development. Investments in smart cities, integrated transportation systems, and resilient infrastructure will be key to meeting the needs of India’s rapidly urbanizing society.