As against the target of 9,000 kms, during the first six months of 2012-13, NHAI managed to award only six projects. These six projects incÂluded two large-scale projects – Mega Maharashtra Highway (484 kms; Amravati-Jalgaon-Gujarat) and WalajÂahpet PoonÂamallee (93 kms). However, these projects were bid out at seemingly aggressive prices.
Author: admin (Infratructure Today)
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Infrascape 2013 | Beginning of the infrastructure boom
IndiaÂ’s infrastructure has been improving slowly but steadily over the recent years. Infrastructure sector growth in India has been on the rise in the last few years due to several reasons and it has given a major boost to the countryÂ’s economy. Initiatives: The infrastrÂucture sector was one of the thrust areas in the Union Budget 2012-13,
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Infrascape 2013 | Great opportunity in 2013
Most of the contracts in the Infrastructure sector are long lead time projects with significant investments. WhicÂhever customer of ours in these industries that we speak to, they all have experienced the effects of overall economic slowdown and the difficulty in getting funds for these projects. Larger projects such as in the power sector or in the road construction have continued to face problems in land acquisition and obtaining all the governmental clearances.
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Quality Infrastructure a catalyst to Vibrant Gujarat
Gujarat is known as a land of entrepreneurs where development is given special importance. Its state-of-the-art infrastructure ensures stable growth which also attracts heavy investments for the state, writes Maheshwar Sahu. Infrastructure is the foundation for any industrial and inclusive socio-economic development. No country or a state can make holistic progress or attract foreign and national investments unless it offers quality infrastructure to support the growth.
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Gujarat to remain a hot-spot for oil & gas sector
The vibrant state of Gujarat has been emerging as a major investment destination for the oil and gas sector due to the state governmentÂ’s sound economic policies.
Over the years, various industries such as power, automobiles, healthcare, gems, jewellery and ports have seen sharp acceleration in their businesses, boosting the stateÂ’s growth at a time when the countryÂ’s economic growth run-rate has been showing a downward curve over the past couple of years.
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GIFT City – India's first financial hub
GIFT City is one of the most ambitious projects ever undertaken in the Indian infrastructure space and is being designed as a hub for the global finance services industry, writes Janaki Krishnamoorthi. Gujarat International Finance Tec-City (GIFT City ), a multi-service SEZ (Special Economic Zone) with dedicated center for financial services is under development in Gujarat.
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At a critical juncture
We must urgently address the gaps in the SEZ policy to encourage, incentivise and support the growth of the manufacturing sector, writes Ravindra Sannareddy. Special Economic Zones (SEZs) have been the most effective drivers of growth for developing Asian economies especially China over the last few decades. The key objectives of most SEZ programmes are to attract foreign investment, earn foreign exchange, boost industrial development, generate employment, and upgrade technology.
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India's oldest SEZ on progressive path
In the context of several non-IT SEZs performing poorly in recent years, Janaki Krishnamoorthi looks at the performance of Kandla SEZ one of the oldest multi-product SEZ. All is not well with IndiaÂ’s Special Economic Zones (SEZs), particularly in the non-IT/ITEs sector. Many of these SEZs are grappling with a sharp slowdown in growth. Not many new SEZs have come up in recent years.
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Investors would love to invest in India if we get our act right
There are mainly three reasons. First and the most immediate one is government departments are not paying in time. For instance, NHAI dues are aggregating upwards of Rs 25,000 crore. Some are disputed and others are not. If you ask NHAI they will deny any payments are due, but that is not the [right] answer. The government will need to be practical, in that somebody has done the work and money has been spent.
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Importance of PPP for Indian Railways
With the Indian Economy still being in growth trajectory, the country faces acute gridlock in its rail transport. The massive upgradation and expansion of railways is not only critical input needed to stay at the desired growth but the act of massive investment in railways itself will be a propellant for further uplifting the inclusive growth of the economy, writes Mohit Sinha.