Till recently, the Indian infrastructure story has been one of few successes and many challenges. Infrastructure in India has historically been inadequate, relative to the large population. Pre-liberalization (1990s), infrastructure was not a prominent political agenda item since the headroom for government spending was limited. Following liberalization, India witnessed a sudden rise in its overall economic growth – ranging between 7%-9% from the latter half of 1990s. Foreign investors started considering India as a favourable investment destination (especially in the services sector).

Click to read more – InvITs