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The Economic Times
The Economic Times

India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MD

Mumbai: India will have to double the rate of infrastructure investments to Rs 40 lakh per annum to achieve long-term economic growth ambitions, a senior banker said on Wednesday.

The country currently invests around Rs 20 lakh crore annually in infrastructure, he said, underlining the need to significantly scale up investments in both infrastructure and manufacturing.

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