This has not been largely used in the metro rail sector as yet, and this sector is still developing. It is to be noted that these projects take a long time to construct and the initial challenges of right of way need to be overcome.
Infrastructure plays a very significant role in economic development. The government has outlined various infrastructure development initiatives in the country, which include smart cities, nationwide connectivity networks of roads, power, gas and water grids.
Between RBIÂ´s policies that are being put in place to turnaround the economy and a strong government that is making grass root level changes, there will be renewed interest in the infrastructure sector. Other measures that are on the new GovernmentÂ´s agenda are creating a business friendly environment and kick starting the infrastructure sector.
Arun Chandran, Managing Director - SynergiZ Global Services Private Limited & Project Director -(Parsons Brinckerhoff)- L&T Hyderabad Metro Rail, has over 17 years of management and engineering experience in design, installation, testing and commissioning of major infrastructure projects in varied sectors like aviation
There is a perennial need for regulatory and institutional changes to keep in step with the social and infrastructural development. It often seems that the law is playing catch up with situations that evolve and many a times it is possible to trace in new or amended legislation the exact gap or mischief it is trying to plug.
With the election round the corner, not much is likely to happen with respect to new airport infrastructure in India this year. Among the few aviation opportunities that exist a major one is the Navi Mumbai greenfield international airport project