The board of directors of the Asian Infrastructure Investment Bank (AIIB) has approved to sanction USD 455 million loan for the rural development of Andhra Pradesh.
Author: admin (Infratructure Today)
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SC bans construction activities for states and UTs; but respite for Maharashtra and Uttarakhand
The Supreme Court has stayed all construction activities in states and Union Territories which do not have a solid waste management (SWM) policy under the Solid Waste Management Rules, 2016.
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KEC International bags orders of Rs 10.1 billion
KEC International has bagged new orders of Rs 10.1 billion across its transmission and distribution, cables, civil and solar businesses. KECÂ’s transmission and distribution business has secured a turnkey order of Rs 4,910 million across India, the Middle East and the US.
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IWAI makes IndiaÂ’s first standardised modern ship design for Ganga
13 standardised state-of-the-art ship designs that are suitable for large barge haulage on river Ganga (National Waterway- 1) were made public by Inland Waterway Authority of India (IWAI).
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A Shift to Smart Factories
When phones, TVs, watches and even cities are getting smart, factories too should not be far behind. Gone are the days when factories are imagined to be a large edifice with a loud rumble of machines and a towering column billowing out smoke.
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Paving the Way
The road construction companies are eying 20 per cent growth through this fiscal. With this, a plethora of opportunities have opened up for road equipment industry.
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The Sweet Spot
While the road sector is arguably in a sweet spot, land acquisition is unquestionably the biggest hurdle afflicting roads development.
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2018 will be a year of job stability
Though ubernisation is invading the Indian job market, Sudeep Sen, Head of Industrial and Manufacturing Vertical, TeamLease Services believes that e-commerce, logistics, IoT (Internet of things) and manufacturing are the sectors which will create the maximum number of jobs in India and these sectors will see about 18-20 per cent increase in jobs from the present state.
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Construction risk is higher than post-construction risk
The National Investment and Infrastructure Fund (NIIF) is planning a third fund targeting investment in greenfield projects, with a view to provide long-tenor financing. Sujoy Bose, Managing Director and Chief Executive Officer, NIIF shares some insights, particularly on the roads sector.
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Dholera: A New Era
Greenfield Dholera industrial city is targeting industries such as defence and aero, heavy engineering, auto and auto ancillaries, general manufacturing, pharma and biotechnology, electronics industries, IT and ITES, and agro and food processing. These industries are expected to create around one million job opportunities.