The Government is focusing on expansion and modernization of roads and has opened this up for private sector participation. 48 new road projects worth US$ 12 billion are under construction. Development and upgradation of roads will require an investment of US$ 24 billion till 2008. Private sector participation in road projects will grow significantly
There is potential for investment in the expansion and modernization of ports, inland navigation and maritime transport. The Government has taken up the US$ 22 billion 'Sagarmala' project to develop the Port and Shipping sector under Public-Private Partnership. 100 percent FDI is permitted for construction and maintenance of ports. The Government is offering incentives to investors. While the government will take care of 15% of the investment, the rest will come from the private sector