Infrastructure development refers to creating necessary infrastructures, for example, transport links, water treatment and distribution networks, electricity grid, communications infrastructure, and information and correspondence technology infrastructures. These infrastructures are required for a modern, information-based, and competitive economy. Infrastructures have become a necessary part of the business strategy of many countries. A strong and well-developed infrastructure is key to a healthy economy.

Infrastructure-based economic growth, regardless called infrastructure-driven growth, blends key policy characteristics inherited from classical liberalism and Neoclassical economic speculation. It turns the development of the assets of a nation through the active support of the public sector. In the modern world, private enterprises and venture capital are major players in infrastructure development. They are the essential drivers of economic growth. Public investment in infrastructure is epic in growing nations. This assists with raising the extremely far rate, improving transportation systems' potential addition, providing open conditions to the needy, and making more economic growth avenues.

One method that governments, if all else fails, adopt in infrastructure development is the construction and development of roads, bridges, and other essential public works, for example, airports, dams, and other water facilities. This is reliably done through the taxing and borrowing of certifiable funds by the public sector. The essential source of financing comes from the charge approach; it very well may be as enormous assessments or noxious structures like commitment reduces and obligation uncommon cases. Notwithstanding, the focal method of borrowing for these infrastructure ventures is from the private sector. Private sectors are ordinarily set up to support these ventures through various methods, for example, equity and credit growth from their respective businesses, bank advances, and guarantees from potential clients.

Various undertakings are seen for improving the infrastructure of a nation. In India, for instance, the public authority has various undertakings included improving the infrastructure, beginning economic growth, and life improvement in the normal networks. These activities target offering positions to the needy individuals, improve the state of the nation's economy, decay neediness, and at the same time increment the limitation of the conventional individuals to provide for their essential needs. These undertakings provide for improved authentication essential kindnesses like clean water, electricity, and improved filtration. Moreover, these activities target interfacing better utilization of energy resources and the utilization of strong waste materials and advancing better family unit and interest structure. Really, there has been various fitting execution of these exercises by various governments and the private sector over many years.