Indian Infrastructure market likely to hold 12.5% of the Asia-Pacific by 2025
According to PwC, India’s infrastructure market will reach $6.6 trillion by 2025. It is approximately 12.5% of the Asia-Pacific. It is expected that the Asia Pacific infrastructure market will grow 7 to 8% a year in the next decade to more than $53.6 trillion by 2025 which accounts for around 60% of the world.
The rise in infrastructure is anticipated to be seen in key sectors like housing, healthcare, education, telecom and transportation. As India is one of the major countries in the Asia Pacific region with a large consumer base and high levels of natural resources, its infrastructure market is expected to reach $6.6 trillion by 2025. The expenditure in transportation and utilities sectors are likely to triple. The forecasted healthcare expenditure will grow to nearly $37 billion and education expenditure will reach $18.9 billion by 2025.