- Definition: Connect economic agents along a defined geography.
- Built on the foundation of an efficient transport system.
- Provide important connections between various economic nodes/hubs.
- Boosting Manufacturing and Trade:
- Provide world-class infrastructure (high-speed transport, ports, airports, SEZs, logistics parks).
- Offer effective integration between industry and infrastructure.
- Reduce transportation and communications costs.
- Improve delivery time and reduce inventory cost.
- Intended to develop a sound industrial base.
- Attract investments into export-oriented industries and manufacturing.
- Critical for “Make in India” success in raising manufacturing share in GDP.