New Delhi, Jan. 29 -- India should maintain its investment momentum in infrastructure, positioning it as a central pillar of the country's medium-term growth strategy, and a key enabler of its vision to become a developed nation (Viksit Bharat) by 2047, the Economic Survey 2025-26 said on Thursday.

The survey said that higher public capital expenditure is also crowding in private investment. Deeper private participation, along with infrastructure aligned with emerging priorities such as decarbonisation, digitalisation and resilience, will be critical to achieving the country's long-term development goals.

Public spending on infrastructure has a high multiplier effect, estimated by studies to be around 2.5 to 3.5 times the gross domestic...