RaIn an interaction with INFRASTRUCTURE TODAY, Katsunori Ushiku, Managing Director, Mitsubishi Electric India (MEI), said that for transportation systems, the company is targeting an annual revenue of US $170 million in India by 2020, partly by strengthening sales and maintenance services for subways and trains, to meet the growing global demand for transportation infrastructure.

Until recently, we used to talk about the cost of funds being too high and, as you are aware, some infrastructure projects have a long gestation period. There is a period of construction and then there are cost overruns and delays.

In an exclusive interview, Nadir Patel, High Commissioner, Government of Canada, expressed his views on how experienced Indian companies can pitch in and formulate joint ventures with Canadian companies to take advantage of Canada's billion dollar infrastructure programme.

I think in many sectors the policies are conducive. The most recent example is the Rewa Ultra Mega Solar Project, where IFC was the lead public-private-partnership (PPP) transaction advisor. We helped structure the bidding process to include a three-tiered payment security mechanism.

Entries in the 5th International LafargeHolcim Awards will close on March 21, 2017. The competition seeks projects at an advanced stage of design from the fields of architecture, building and civil engineering; landscape and urban design; as well as materials, products and construction technologies.

As India´s urban population goes up from 26 to 51 per cent in a decade, the need for upgrading urban infrastructure is most acute here. China has caught up in the past six years. Indian infra requirements include budget housing, road infrastructure, bridges, flyovers and underpasses to connect small towns to cities and then to the metros.

India will need $1.5 trillion of investment in infrastructure over the next 10 years. Of this nearly $10 billion is required in sewage treatment plants. Similarly, about $8 billion is required to be invested in ensuring regular drinking water supply.

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Notwithstanding the tremendous potential to expand revenues, general lack of awareness about the benefits of using geosynthetics might delay projections set by firms in the sector. However, despite challenges, growth is eventually inevitable.