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Indian infrastructure projects face a ₹5.18 lakh crore cost overrun, totaling ₹13.56 lakh crore.
According to Rao Inderjit Singh, Minister of State for Statistics & Programme Implementation, 438 infrastructure projects in India with a total cost of at least ₹150 crore each have reported a 62% cost overrun, totaling ₹5.18 lakh crore.
As of November 1, 2024, the original cost of ₹8.38 lakh crore rose to ₹13.56 lakh crore.
Factors contributing to the cost overrun include under-estimation of costs, changes in foreign exchange and statutory duty rates, increased land acquisition costs, and a shortage of skilled labor.
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Los proyectos de infraestructuras de la India se enfrentan a un sobrecosto de 5,18 lakh crore, totalizando 13,56 lakh crore.