The PPP way of creating infrastructure in India has waned. Things got compounded by inherent risks that were stacked up upon the private sector, resulting in a bouquet of heavily invested infra projects getting waylaid and now languishing due to delays and cost overruns
Category: Roads & Highways
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There is a need for the regulator to get more teeth
Sandeep Upadhyay - MD & CEO, Centrum Infrastructure Advisory Ltd, says that a more consultative process involving the NHAI and all stakeholders, by giving due weightage to the lenders, would result in a win-win situation for infrastructure development in India.
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India has a well-developed PPP ecosystem
Sanjeev Kaushik, Deputy Managing Director, India Infrastructure Finance Company Ltd, speaks on the challenges facing infra financing and the likely contours of the post-GST regime
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Major road safety initiative launched
A major road safety initiative has been launched, focussing on reducing the factor of human error in road accidents that claim more than a lakh lives in India annually.
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Vehicle sales to cross 3 million units
Passenger vehicle sales in India are poised to cross the 3 million unit milestone this financial year as new models and compact SUVs
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M&M launches electric vehicle range
Mahindra & Mahindra (M&M) has launched the country´s first zero-emission electric cargo and passenger vans, eSupro, at a price of `8.45-8.75 lakh (ex-showroom, Delhi).
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Car sales zoom 21% in September, Maruti leads pack
Carmakers recorded a speedy volume growth of 21 per cent (approximately) in September sales, thanks to the stock building exercise at dealerships ahead of the festive season, reports the Business Standard.
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India to be 5th largest car maker
The ongoing strike at Hyundai Motor´s South Korea facilities might just push India to the top 5 spot in global car production this year.
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Eliminate accident spots: Gadkari
Minister of Road Transport & Highways Nitin Gadkari has said that the government is committed to reduce the number of road accidents by 50 per cent
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Road construction pace set to double
Various reforms initiated by the government to ensure speedy approvals and clearances aided the pace of construction of roads, which improved 40 per cent