India is now experiencing the Infrastructure boom across the country like never before. Several projects are about to be finished and several are being geared up for touching new heights in coming days. The Golden Quadrilateral project, that links Delhi, Mumbai, Kolkata and Chennai with four-lane highways for the first time, has been completed now.

Indian Railways has also seen the unique financial and operational turnaround this year. Last year, India experienced about $7 billion of transport public-private partnerships (PPPs) reaching financial conclusion.

Several new projects are underway such as the creation of world-class airports in Delhi and Mumbai. Government is planning to build new Greenfield airports to meet the demands coming from the booming aviation industry. Delhi has got a world-class metro system and other cities are also lining up for getting metro projects like Delhi.

Telecommunications sector has showed the biggest success of the time, particularly in rural parts of the country. About 7.8 million new cellular connections have been sold in the month of September alone.

Still, there is a long way to go. Different cities, which are being called as smaller centers of growth, are still facing the massive infrastructure deficit as a major obstacle in business expansion. No city in India has water and electricity 24 hours a day, seven days a week. In several growing cities such as Chennai, Bangalore and Hyderabad, the quality of drinking water is getting worse day-by-day.

India is far behind from its’ nearest competitor China and the country will have to invest 12.5% of GDP a year until 2015 to touch the rate of infrastructure growth in China. In the last ten years, China has built 25,000 km of four-to six-lane, access-controlled expressways across the country but India has still not any interstate expressways to connect its major economic.

To meet the race of development, to sustain GDP growth at 9%, India will have to invest an additional $500 billion during the next 5-year plan period. The government is still undecided how much of this $500 billion should come from the public sector, and how much from the private sector.