SMC Global Securities Limited

Roads in the sky!🚠 Get ready for India’s future with 200 ropeway projects worth ₹1.25 lakh crore in the next 5 years under the Parvatmala Pariyojana scheme. The government is also encouraging the use of ropeways for urban public transport, which could benefit the transportation sector as well. National Infrastructure Pipeline (NIP): Launched in 2019, the NIP aims to invest $1.4 trillion between 2020 and 2030 in various infrastructure projects across sectors like transportation, energy, water, and urban development. The government has consistently increased the budget allocation for infrastructure in recent years Construction, steel, and tourism boom with new ropeways: * Infrastructure giants for example L&T, GMR, IRB to build and maintain. * Steelmakers for example Jindal, Usha Martin, ABB. * Hotels for example Taj, ITC hotels, Mahindra holidays. Remember, always conduct your own research and consider your risk tolerance before investing. #Ropeway #Parvatmala #Project #Development #Tourism #NewDelhi #India #SkyRoad #Future #Ropeway #Parvatmala #Project #Development #Tourism #NewDelhi #India #SkyRoad #Future