New Delhi, Nov. 27 -- The 'Viksit Bharat' 2047 vision is an ambitious plan by the government to transform India into a developed nation by the 100th anniversary of its independence in 2047. At the core of this vision is growing the economy from its current size of about $4 trillion to $30 trillion by 2046, an economic strategy spanning across decades that is centered on heavy public capital expenditure.

The government has placed infrastructure at the core of its fiscal policy, translating its vision into unprecedented budget allocations that are now creating a structural opportunity for investors.

The most compelling evidence of this commitment is the exponential rise in the government's Capital Expenditure (Capex). The central governme...