Infrastructure is an important driver for the growth of economy of any region. Electricity, roads, water systems, public utilities, airports, railways, and telecommunications are essential services that drive the economic activity, by channelizing trade and mobility.
Growing urbanization in developing countries will help boost the infrastructure in sectors such as transport and power. Economic prosperity will channel finances towards manufacturing and transportation sectors, which primarily provide and distribute raw materials for the manufacture of consumer goods.
Increased spending on infrastructure has a multiplier effect on the overall economic growth, as it demands industrial growth and manufacturing. This, in turn, boosts the collective demand, by improving living conditions.
Mr. Gurushanthappa B. G.
Organizations Under Infrastructure Sector