<br/>India will need an investment of over 40 lakh crore rupees for infrastructure development in the 12th Five Year Plan (2012-17). It is twice the amount that is likely to be achieved in the current plan. Planning Commission Deputy Chairman Montek Singh Ahluwalia has said in a report on Investment in Infrastructure that the investment is needed to achieve a share of 9.95 per cent as a proportion of GDP. AIR correspondent reports, yesterday, the Planning Commission had said investment in the infrastructure sector in the Eleventh Five Year Plan (2007-12) will be close to the target of 500 billion US Dollars due to a better-than-expected show by the telecom sector. The Commission had set a 500 billion US Dollar target of investment in the infrastructure sector during the Eleventh Plan Period. Following the global crisis, the growth rate during 2008-09 slipped to 6.7 per cent from over nine per cent in the preceding three years. It is estimated to be 7.2 per cent in the current fiscal.