The transport sector in India is expected to grow at a CAGR of 5.9 percent thereby becoming the fastest growing area of India's infrastructure sector. Transport includes well developed roads and highways, a widespread railway network, fast-growing aviation and developing ports and shipping infrastructure. Currently, road infrastructure is used to transport over 60% of total goods and 85% of total passenger traffic. The government, in Budget 2019 remarked that India would lead the world in transportation sector, with electric vehicles (EVs) and energy storage devices set to play a leading role in the segment. India's transport sector, with the fourth largest rail network in the world and the third largest global aviation market thus presents a unique investment opportunity.