Machine Learning

Energy 1.0 India Chennai more power more talent please

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Chennai is becoming the new Detroit 1. Indian government bureaucracy has been a barrier for foreign investment, a decrepit infrastructure architecture. In response to barriers in bureacuracy and volatile politics, the Indian government will invest 30 percent of the funding. India invested $218 billion in infrastructure between the years 2002 to 2007 and between 2009 to 2012, the Indian government plans to spend $514 billion. The public spending will not be enough and the Indian government needs private investment as a major investor in India’s redevelopment. 2. India has 454 airports and 16 have international status. Airports Authority of India aims at upgrading 97 of the airports. 3. Average rail passenger speed is 50 kph and freight is 22 kph. Railways are the backbone of Indian growth. India has the fourth largest rail network. India Railway had a cash surplus of $6.17 billion in 2007-08. India Railways has earmarked $7.91 billion in 2008-09 for the plan. The government will build dedicated freight corrid