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India faces one of the most challenging situations in the world.
It has 1.2 billion people spread over a vast country.
More than 350 million of whom will move into cities in the coming decade, which means some
500 new urban centers will need to be built from scratch.
And even though India’s sheer size means that its economy ranks third in the world
in purchasing power, overall, it’s relatively poor and underdeveloped.
It’s also young.. The average Indian is just 27 years old, compared to the average American, who’s a decade
older.. This means most of the population is about to hit their prime working years, these are
all people who need jobs to be created now.. That’s why the government is embarking on the largest infrastructure project in Indian
history: the $90 billion Delhi Mumbai Industrial Corridor, whose backbone will be a 920 mile
long dedicated freight corridor, basically a set of multiple rail lines that will exist
solely to move goods from the factories where they are produced to the sea and airports
where they can be exported to market.. It’s designed to cut the logistical costs of manufacturing goods to make India the cheapest
place in the world for a company to build its stuff and - in turn - triple the amount
of merchandise it exports from 2010 levels by 2017.
Japan is the major partner behind the project because the Japanese economy is based on a
/ˈfakt(ə)rē/
building or group of buildings where goods are manufactured or assembled chiefly by machine. Buildings where things are made.
/ˌman(y)əˈfakCHəriNG/
making of articles on large scale using machinery. To create a story or explanation that is not true.
/ˈav(ə)rij/
Typical or normal; usual; ordinary. Total of numbers divided by the number of items. amount to or achieve as average rate or amount over period of time.
exported product or service. Goods sent to another country to be sold. send goods or services abroad for sale.
/ˈCHalənˌjiNG/
Difficult to do. To question the correctness of something.
/ˈsēˌpôrt/
town or city with harbour for seagoing ships. Port where ships can load or unload cargo.
/ˌsiCHəˈwāSH(ə)n/
set of circumstances in which one finds oneself. Unexpected problems or difficulties.
/ˈdedəˌkādəd/
devoted to task or purpose. To give your energy, time, etc. completely.
/ˈwərkiNG/
Doing your job. action of doing work. To make an effort to do something.
/əˈkänəmē/
offering best value for money. state of area regarding production and consumption of goods and services.