Gati Shakti: How India's 100-Trillion-Rupee Mega Project Can Snatch Factories Away From China

In India, half of all infrastructure projects get delayed, and one in four run over their estimated budget. Prime Minister Narendra Modi believes technology is the solution to these perennial and notorious bottlenecks. Under a 100-trillion-rupee ($1.2 trillion) mega project called PM Gati Shakti -- Hindi for strength of speed -- Modi’s administration is creating a digital platform that combines 16 ministries. The portal will offer investors and companies a one-stop solution for design of projects, seamless approvals and easier estimation of costs. “Global companies choosing India as their manufacturing center is the objective.” Fast-tracking projects will give India an advantage, especially with China still largely closed to the outside world and companies increasingly adopting a China-plus-one policy -- finding other countries to expand in or source from -- to diversify their businesses and supply chains. Watch the video to know how PM Gati Shakti could expedite India's growth story. ------------------------------- 5:06 "Amrit Kaal" has been misspelt as "Amit Kaal" --------------- Times Now - Times Now News channel examines news with in-depth analysis. We provide much more than the latest news and breaking news of the day. Times Network houses upscale television channels. Times Network takes the lead with its ground-breaking innovation and disruption of a new content category. The Times Network channels, which have a global footprint in 100 countries, inform, entertain, and engage viewers of all ages with fascinating and intriguing content, news, and information. Subscribe to our channel - https://bit.ly/SubscribeToTimesNow Check out our website: https://www.timesnownews.com Times Now News App : https://bit.ly/3AD5qqN Connect with us on our social media handles: Facebook:   / timesnow   Twitter:   / timesnow   Instagram:   / timesnow   Subscribe to our other network channels: Times Now Navbharat: https://bit.ly/SubscribeToTNNavbharat Zoom: https://bit.ly/SubscribeToZoom Mirror Now: https://bit.ly/SubscribeToMirrorNow ET Now: https://bit.ly/SubscribeToETNow TN+: https://bit.ly/SubscribeToTNPlus Pushed via Slike