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.
Author: admin (Infratructure Today)
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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.
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Rs.4.2 trillion Debt Resolution Game
By the end of 2018, Rs.3.8 trillion of bad loans are likely to be resolved. Of this, Rs.1.6 trillion will become sustainable, if the resolution proceeds as per the defined timelines.
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A Tidal Wave in the works!
As the stance of governance is hardening, institutions standing on weak or corroded legs, are stumbling and crumbling. After the case of corrosion of ethics in ICICI, the IL&FS too seems to have bloodied its nose by first becoming a messiah to MaytasInfra (the Satyam scam fall out) in 2009 and then several unrelated forays.
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SC bans construction activities for states and union territory
The Supreme Court has stayed all construction activities in the states and union territory, which do not have a Solid Waste Management (SWM) policy under the Solid Waste Management Rules, 2016. States such as Maharashtra, Uttarakhand and Madhya Pradesh, and the union territory of Chandigarh have come under the scanner.
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The Order Book Chase
Total order backlog of the engineering and construction firms was Rs.8.1 trillion at the end of FY18. Of the whole order backlog, almost 62 per cent was contributed by the construction companies, followed by 24 per cent of capital goods companies catering to the energy industry.