India needs investment in infrastructure, not private (as in homes) but public(shared) infrastructure - like education, health, power, connectivity, travel & transportation, public utilities (water, garbage recycling, playgrounds, parks, spiritual destinations...)
India (and indeed the world at large) needs to move to a new model of economic growth - one that is driven by spreading the access to better quality of life for more people than by the one that focuses on higher levels of private consumption.
Much growth in private consumption in India over the last two decades has only ended up worsening the quality of lives for most. Making them poorer and more deprived.
