Reuters - Video

Edition: US | UK | IN | CN | JP

video IndiaInvestment10

Urbanisation May Cripple Cities

Tuesday, September 28, 2010 - 02:38

Another 300 million people are expected to move into India’s cities by 2030, but with poor infrastructure its cities may buckle under the weight of rapid growth.

▲ Hide Transcript

View Transcript

more people are expected to migrate into India's urban areas. According to McKinsey Global Institute . India is only just looking up to its urban transformation. And it needs to build a new city this size of Chicago allowing banks to issue long term infrastructure bonds and the use of Forex reserves investors are optimistic. end with a project -- middle of -- community and human. Act fastest pace if it is Saturday that. I ripped Auburn gives access what will this affect the. Indian cities -- crop it and their service. Power and water shortages -- com and -- and trains are packed. And millions proper Waste Management is ineffective -- just non existent. In the next twenty years hundred million more people are expected to migrate into India's urban areas. According to McKinsey Global Institute . India is only just looking up to its urban transformation. And it needs to build a new city this size of Chicago every year for the next twenty in order to not. That is probably. There's really fast that I would say it's probably went public upbeat problems India faces the same time it's -- the opportunities that in different -- Saying get getting instituting its but a pretty markers -- that -- this would be fun. Eight banks more button and go London's. Don't the heart of -- what's needed is not -- one point 22 billion dollars in capital investment according to -- half of what the government have to objective. With measures like allowing banks to issue long term infrastructure bonds and the use of Forex reserves investors are optimistic. That upon -- to keep voting at six us and them both and then put them you know but I mean the -- infrastructure has to keep you. He is the economy annoyed. And ends I don't doubt in my mind that you thought was on the investment in infrastructure up and have been the greatest -- as a -- or pool or fed report filed non. But now the demands for more infrastructure and -- cities. I'm in good condition of the protective of this by the private sector on that point in fact Anderson we feel that and this. I was at the end with a project -- middle of -- community and human. Act fastest pace if it is Saturday that. I ripped Auburn gives access what will this affect the. Indeed it does rise to the challenge of creating more efficient urban areas then there are upside it's too. Beyond the -- in the infrastructure sector others will gain for more urban areas from fast moving consumer goods to financials services. Which could help India's GDP grow another one and one half percent. I have under invested in it I think he's been demographics and it's Amber's. I am I trying to familiar and expected to -- into urban areas. Will be working days and by hand in deep packet and this is right.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Urbanisation May Cripple Cities

Tuesday, September 28, 2010 - 02:38