The government’s capital expenditure has been increasing by 29 per cent quarter-on-quarter, steadily over four quarters—as the December quarter figure of Rs 1 lakh crore indicates. Centre for Monitoring Indian Economy (CMIE) data indicates that the investment for the third quarter is the highest record in the last six quarters
Tag: 2014
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Road policy: Course corrections
Hindsight: The roads sector had planned for a highly ambitious growth rate. Earlier we were doing around 2,500-3,000 km every year. We then stepped up and said we would do 8,000 km-the confidence stemming from the fact that we were able to achieve as much as 7,800 km. In the last year or so, there hasn´t been much of a response in the market, partly because the economy had slowed down, and partly because there were some problems involving major players.
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Road policy: Course corrections
Hindsight: The roads sector had planned for a highly ambitious growth rate. Earlier we were doing around 2,500-3,000 km every year. We then stepped up and said we would do 8,000 km-the confidence stemming from the fact that we were able to achieve as much as 7,800 km. In the last year or so, there hasn´t been much of a response in the market, partly because the economy had slowed down, and partly because there were some problems involving major players.
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Renewable: More NPAs?
Hindsight: FY 2013-14 was a mixed year. Compared to last year, the limited capacity addition what we are seeing in this financial year are either and the solar power plants under REC mechanism, or projects that were to be executed last year or allotments done last year for execution.
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Renewable: More NPAs?
Hindsight: FY 2013-14 was a mixed year. Compared to last year, the limited capacity addition what we are seeing in this financial year are either and the solar power plants under REC mechanism, or projects that were to be executed last year or allotments done last year for execution.
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Oil and gas: Heading for a plateau
Hindsight: Closing the year 2013-14 we expect a good growth in revenue compared to past years, since output has perhaps peaked in this year, because of executing many domestic and international projects.
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Oil and gas: Heading for a plateau
Hindsight: Closing the year 2013-14 we expect a good growth in revenue compared to past years, since output has perhaps peaked in this year, because of executing many domestic and international projects.
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EPC: Exciting year ahead
Plans: Within our business verticals we are looking at increasing scope and scale, new addressable markets and new geographies. New business growth shall come from not just EPC business but through BOT, PPP and construction. Urban infrastructure wherein we have synergies with our industrial infrastructure (such as urban transport) are being ventured into. These new forays cumulatively shall drive growth in the next 3-5 years.
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EPC: Exciting year ahead
Plans: Within our business verticals we are looking at increasing scope and scale, new addressable markets and new geographies. New business growth shall come from not just EPC business but through BOT, PPP and construction. Urban infrastructure wherein we have synergies with our industrial infrastructure (such as urban transport) are being ventured into. These new forays cumulatively shall drive growth in the next 3-5 years.
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Oil and gas: Good policy foundation
Hindsight: This was a reasonably good year for O&G in general, in particular for India. The government has performed very well. For the first time, it took some concrete and bold steps, and ensured deregulation of transportation and petrol, distinguished bulk from retail transport. There is some disparity there, needing some practical solutions.