Union Minister of Road Transport and Highways Nitin Gadkari has urged management professionals to develop innovative revenue generation and financing models to bring economic viability, efficiency and investment in the infrastructure sector.
He was inaugurating the first Management Development programme on Infrastructure Development organised by IIM Kozhikode today through video conferencing.
Mr. Gadkari said the National Infrastructure Pipeline and the PM Gati Shakti Master Plan are playing a key role in the integrated holistic planning for infrastructure projects to support the country's aspirational goal to turn into an advanced economy. The Union Government is working with top priority to bring down logistics costs to single digits from the current level of 13-14 percent of the GDP.
The Union Minister observed that innovation, research and technology will shape the future of the infrastructure sector and help India become an economic superpower.