Contributions from the power equipment industry is 8.1 per cent of the manufacturing sector in terms of value and 1.35 per cent of India's GDP, providing direct employment to 5 lakh people, indirect employment to 10 lakh people, and employment to over 50 lakh people across the entire value chain.

HDC's key priorities are installation of one container handling crane (RMQC), mechanisation of Berth No 3 in PPP mode, and creation of liquid cargo handling facilities at Shalukali through PPP, and a goal to handle 65 MMTPA of cargo by 2021-22.

Shailesh Pathak, CEO, L&T Infrastructure Development Projects recommends that even as India moves towards becoming the world's third largest economy by the next decade, the infrastructure sector needs to focus on the timely execution of projects.

According to Sanjeev Sanyal, Principal Economic Adviser, Ministry of Finance, India could leverage significant reduction in inflation to lower the cost of capital for infrastructure projects over the next five years.

Speaking with INFRASTRUCTURE TODAY, Sean Chiao, President, Asia Pacific, Aecom said that when the smart cities mission of the country is implemented completely, cities will have much to learn from each other's successes and failures.

How far is India from witnessing a turnaround in its capital expenditure (capex) cycle? No, the answer to this question is not "just one general election away".

I am very sure that past investments and better connectivity are going to help reduce the logistic costs and increase connectivity on pan-India basis.

India has overtaken Japan to become the world's second largest steel producer.

With project delays costing India's exchequer more than Rs 3 trillion, the time has come for the government to review and update, and match the contractual nuances with global practices.