One cannot overemphasize the importance of transportation than call it the 'lifeline' of a nation. It has been proven by so many instances how transport infrastructure has added speed and efficiency to a country's progress. Good physical connectivity in the urban and rural areas is essential for economic growth. India, the seventh largest nation with over a billion population, has one of the largest transport sectors. But not one without its own set of challenges.
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The most important advantage of using a joint stock company was having the organization to recruit investors and raise enough money to attempt to establish a colony.
