Role of Transport in the Economic Advancement of India

Abstract

Transportation industry of a nation is responsible for it’s overall growth and economic development for a wide range of reasons. Mobility is vital for GDP growth and proper utilization of its resources. Due to ease in accessibility and enhanced mobility of raw materials and finished goods it benefits industrial production. The aim of this paper is to look upon the role of a well-connected Transport system in the economic Advancement of India. A good transport system can widen the market for production sector. It can also ease the transportation of raw materials, fuel and machinery to the places of production easy. Transport on a national Scale favors a wider range of Social and economic Interactions. In a country like India where the development potential is high, Transport investment flourishes economic growth. The development of the Transport system is embedded in the scale and context of the nativity, from global to local and from environmental, historical and technological perspectives. The quality of the Mobility standards and connectivity links affect the competition between Nations, as is affects the quality of life of life of the residents and accessibility to the resources.