India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.
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All Aboard
Growing air travel bodes well for the sector. All that is required is for the necessary infrastructure to keep pace, lest it fall far behind. India´s civil aviation industry is on a high-growth trajectory. Currently the ninth largest aviation market in the world, with a market size of around $16 billion
Thinking Afresh
A quality transition to the planned expansion will require a huge capital investment in electricity, railways, roads, ports, airports, irrigation, water supply and sanitation systems.
Delay in Chennai, Kolkata airports modernisation
The government has extended for the second straight time the last date for submission of requests from private parties for operation, management and development
Delay in airports´ modernization
The modernization of Chennai, Kolkata and two other airports is set to get delayed with the last date for private parties interested in participating in the bidding process being extended by more than two months.
Private players to spend Rs.1,839 cr on four airports
Successful bidders for developing Chennai, Kolkata and two other domestic airports, through public private partnerships, should spend at least Rs 1,839 crore towards mandatory capital works at these locations
Indian concrete industry on a roll
Increased investments in infrastructure development is the focus of the present Government and this segment has now captured the intense attention from top policy makers of the country
Extend ´plug-and-play´ model beyond power sector
The intent as stated in the Bill is the right to fair compensation and transparency in land acquisition and to ensure rehabilitation and resettlement for smooth execution, which is seen to be at fair value for both the parties.
PPP model of airport development lauded
Public-private partnership (PPP) in the development of airports has been flagged as ´one of the significant achievements´ in the civil aviation sector, in the Economic Survey 2014-15. The Survey points out that the PPP model has led to a significant improvement in infrastructure and in collection of revenue.
Privatisation of four airports on the cards
Civil Aviation Minister Ashok Gajapathi Raju has said that the Ministry was considering privatisation of four airports in the country, including the Ahmedabad Airport. ´We are thinking of privatising four airports in India.