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Telecom, power, ports and road sector hit by lukewarm private investments
April 24, 2017
- With slippages across sectors but quantitatively higher in telecom and electricity, India’s infrastructure investments in the 12th Five-Year Plan period (FY13-FY17) fell 32% short of target.
- The just-concluded Plan, which is the last in the series, saw investments of Rs. 38 lakh crore in 12 specified infrastructure sectors, compared with the target of Rs 55.75 lakh crore, according to official data reviewed by FE.
- Among the principal reasons for investments missing the target were high spectrum costs which constrained network expansion in the telecom sector and lower-than-estimated demand growth that forced private power developers to go slow on projects.
