Even Disney is watching India's infrastructure situation closely. The entertainment company has shelved plans to build a theme park there—which would be India's first—due to lack of supporting Indian infrastructure.

"While setting up a park…everything including infrastructure has to be in place before opening the doors," says Andy Bird, chairman of Walt Disney International. Disney is moving forward with a Shanghai installation, a $5-billion investment.

Key Takeaways: India's Budget for 2013-14

Industrial Corridors

• Plans for seven new cities have been finalized, and work on two new smart industrial cities at Dholera, Gujarat and Shendra Bidkin, Maharashtra, are expected to start.

• Delhi Mumbai Industrial Corridor (DMIC) is to be provided additional funds, if required.

• The Chennai Bengaluru Industrial Corridor is to be developed.

•Preparatory work has started for the Bengaluru Mumbai Industrial Corridor.

Power Transmission

• The government plans to build a transmission system from Srinagar to Leh.