India has a S$1.6 trillion plan to snatch factories from China

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Prime Minister Narendra Modi believes technology is the solution to these perennial and notorious bottlenecks. Read more at straitstimes.com.

NEW DELHI - 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.

"The mission is to implement projects without time overrun and cost overrun," Amrit Lal Meena, special secretary of logistics in the ministry of commerce and industry, said in an interview in New Delhi."Global companies choosing India as their manufacturing center is the objective." "The only way to compete with China, apart from the fact there are political requirements of countries to move away, is to be as competitive on the cost as you can be," said Anshuman Sinha, a partner at Kearney India who leads transport and infrastructure practices."Gati Shakti is about making it easier to have a flow of goods and manufactured components across the length and breadth of the country.

Reducing red tape through technology is crucial for India to unclog its stalled infrastructure projects. Of the 1,300 projects Gati Shakti's portal currently oversees, almost 40 per cent were delayed due to issues related to land acquisition, forest and environment clearances, resulting in cost overruns, according to Meena. At least 422 projects had some issues and the portal resolved problems in some 200 of those.

"Today's India is committed to investing more and more to develop modern infrastructure and it is taking every step to ensure projects do not face roadblocks and get delayed," Modi said in a speech last year inaugurating the programme. He has had some early success. Apple Inc now plans to begin manufacturing the iPhone 14 in India about two months after the product's initial release out of China, while Samsung Electronics Co opened the world's largest mobile phone factory in the country in 2018. Home-grown Ola Electric Mobility Pvt has pledged to build the world's biggest electric scooter factory locally.

 

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They will probably succeed, if Xi continues his relentless and extreme “zero Covid” Policy 😇

straits_times In this area, don’t think India will see much success. China citizens, will lacking imagination, have the tenacity of a bull. The execution factor tends to give them the advantages.

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