Transport and communications infrastructure is a hot topic in India, especially in the context of the country’s burgeoning transport sector.
The country has seen its roads and railways be transformed from rural to urban in recent years, and it has been hailed for the development of a vast river system.
But the Indus river project, which has been in the works for more than two decades, is not a great investment, according to a new report from the McKinsey Global Institute.
Key points: India’s Indes river project will not attract enough foreign investment to make it a viable transport infrastructure projectIndia’s largest river, the Indes, is a major tourist attraction in the country and will continue to draw tourists and businessesThe report says it’s too early to make any decisions about the Induses future, and India’s future is not assuredIn the report, McKinsey identified six major risks facing India’s transport sector: a lack of public and private investment, a lack “a robust regulatory framework for the river project” and a lack that “investment can be sustained without political support”.
The report also pointed to a lack a “comprehensive regulatory framework and an adequate regulatory environment for a high volume of investments” in the Indias river infrastructure.
In a statement, McKinseys chief executive James Bains said the Indics project is not yet a “sustainable investment”.
“We are not yet in a position to recommend a decision to move forward with the Indines project.
But given the scope of the project and the challenges it poses for Indian policymakers, the fact that we are recommending that the Indicates not proceed to the construction phase is a significant step forward,” Mr Bains told reporters.
The report was based on an evaluation of 10 key aspects of the Indices proposed river infrastructure, which include the infrastructure, infrastructure management, project management and planning.
“In order to support the project, it is necessary to have an effective regulatory framework in place.
The Indicates project has not been completed and is in need of major reform,” Mr Acheson said in a statement.
He added that the report does not say whether the project should proceed to completion.
India’s Prime Minister Narendra Modi and Transport Minister Nitin Gadkari have promised to make the Indides rivers a “national asset”.
The Induses are considered one of the world’s most important natural assets.
But critics of the plan say the project will undermine India’s status as an economic powerhouse and is unlikely to attract foreign investment, given its poor public and business relations record.
The Indus, one of India’s biggest rivers, is located in the Himalayas in the south-western Indian state of Bihar.
It has been the subject of controversy over the past two decades over its environmental impact, as well as the fact it was not built to the specifications of the government of then Prime Minister Indira Gandhi.
India has been under a dam project for decades to dam the Indis River, but the dam has not yet been completed.
The project has been criticised for being a “sham” and the country has been criticized for failing to build the dam in the first place.
In 2014, Mr Modi announced a new policy to modernise the Indises infrastructure, calling for a new “surgical and technical approach” in river management.
He has promised to bring the Indians rivers to “zero pollution”.