Key View

  • The government has set ambitious targets for the expansion of the transport infrastructure.
  • We forecast that India’s transport infrastructure construction industry will grow by an average of 6.4% per year over the coming decade.
  • This will be supported by public and private investment in roads, rail, ports and air transport infrastructure, as the government aims to lower logistics costs, improve domestic connectivity, and reduce congestion. 

Read More

You May Also Like

Thailand: February Cut On The Table As Growth Target At Risk

Key View The BoT left its benchmark policy rate unchanged at 2.25%…

Mainland China Approves First Locally Produced Obesity Drug Amid Rising GLP-1 Innovation Hub Status

Key View Regulatory approval for Mainland China’s first domestically produced glucagon-like peptide-1…

Exports performed well in May, supporting signs of continual growth in H2/2024 and 2025.

Thai exports in May 2024 saw a 7.2%YOY increase, with strong growth in agricultural and manufacturing products, particularly fruits. Exports to China and India were robust, while those to Australia and the Middle East declined. SCB EIC expects continued export growth in June and the second half of 2024, with a positive outlook for 2025.