India has suffered a slowdown due to weak industrial growth. There is an immediate need to improve the macro-economic environment to accelerate the pace of reforms. As the year 2012 ends and the New Year rolls in, the existing troubles need immediate resolution.
Author: admin (Infratructure Today)
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Infrascape 2013 | Positive changes in 2013
In the power sector, 2012 has been a very bad year with zero projects commenced. Unfortunately all the ingredients of the sector have gone wrong. Coal, environÂmental clearances and land became a huge problem for any power project. So whatever projects were on the anvil have also got delayed or shelved.
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Infrascape 2013 | Policy reforms to accelerate capacity building in distribution
When we reflect on the developments in the power sector in 2012, we find that it was a mixed bag. The generation sector saw a phenomenal, unprecÂedented, capacity additÂion thus, bridging the energy gap to a great extent. Today, the total installed generation capaÂcity is over 209,000 MW after an addition of over 50,000 MW in the 11th 5 year plan period.
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Infrascape 2013 | Opening up of FDI should improve investment
The oil and gas sector was once again marred by mounting under-recoveries with upstream public sector oil companies takÂing a hit of Rs 30,200 crore during April-September 2012 period, a 39 per cent rise in the burÂden compared with the same period last year.
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Infrascape 2013 | Optimistic growth of steel
The overall performance of the steel sector is ‘optimistic.’ In the fiscal 2012-2013, growth in domestic steel demand is expected to be around five and a half per cent. The total demand is expected to be around 75 million tonnes, up from 71 million tonnes in 2011-2012.
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Infrascape 2013 | Real Estate Bill to increase transparency
Given that there are confÂusing signals from our economic data, we are hoping that there will be some policy easing, which will help our cause. Policy initiatives: The introduction of legislation such as the Real Estate Bill is expected to increase transparÂency and boost investor confiÂdence in the Indian market.
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Infrascape 2013 | Nextgen global contractors will be from India
The Indian Construction Industry in general faces a huge dichotomy, neither is it valued overseas, other than as a source of labour resources, nor is it valued at home, because of fragmentation and poor practices, and yet the potenÂtial is huge.
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Infrascape 2013 | We do not expect any dramatic impÂrovement in 2013
The year 2012 has been a challenging year for the logistics sector as the economic slowdown affected manufacturing leading to general decline in the movements of goods across sectors like auto, commercial vehicles, heavy engineering and capital goods. Tight credit situÂation, no major policy reforms and weak demand made the situÂation further difficult for the sector.
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Infrascape 2013 | Policies should be in a compehensive manner
If you look at the container segment, currently there are only 2-3 things that are permitted to private players. One is the container train operators license which has been operational. On container train operators license, few things that went right at least for first half of the year, a lot of new terminal lands of the container terminal operators were coming up and some of them have got operational as well like Khurchar and for Russia.
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Tight liquidity scenario and toll non-compliance governed the road sector performancey
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.