Participants in India's infrastructure construction sector are hopeful of market growth in the coming year and in 2014, as economic conditions recover and the government steps up efforts to remove bottlenecks that have deferred or delayed projects.

Last October, the government announced it would set up a National Investment Board, led by Prime Minister Manmohan Singh, to fast-track execution of approved projects by obtaining all regulatory clearances.

The Ministry of Railways is expediting its construction decision-making process, creating a separate holding company to free up resources and changing its concession cost-sharing model on projects.