Against the backdrop of the world's largest population, India has reportedly launched in earnest its largest-ever urban and industrial infrastructure development plan and will advance a high-speed rail project said to be worth around $600 billion. The plan is reported to involve a large-market strategy aimed at attracting foreign capital.
India, which is said to have the world's largest population, has launched the largest urban and industrial infrastructure development plan in its history. Although no specific project lineup has been provided, the plan is viewed as centered on scaling up transport infrastructure and strengthening the industrial base.
Reports emphasize India's policy of decisively pursuing high-speed rail as part of a long-term strategy to support economic growth and attract foreign capital. The country is said to be seeking to expand the scale of its market and strengthen industrial competitiveness through massive investment.