Infrastructure growth will be at the core of Indias economic development as the worlds sixth largest economy targets to become the worlds third largest by 2028.
The new civil aviation policy is aimed at creating an ecosystem of affordable flying for the masses as well as easing industry-related concerns which were long due. To do so, the policy has addressed issues from the regulatory, financial and operational perspectives in a comprehensive manner in three main areas
Western economies like Europe and the USA are already quite advanced when it comes to infrastructure development compared to the developing countries. In comparison, economies like China, India and rest of Asia are still showing high growth which would require a lot of infrastructure support to back up this growth.
India is unique in many ways. It is one of the oldest surviving civilisations and still promises to drive the world economy for many years to come. It has the potential to power global manufacturing and offer solutions to medical & educational needs of all of Asia - and the world.
First and foremost, water is a scarce commodity. If at all there is a war, it will be for water, now. Unfortunately, in India, the per capita availability of water has decreased in the past decade (if I go by the official record) from 1860 cubic metres in 2001 to 1545 cubic metres now.
Egis in India is a cornerstone for the Egis Group because you know there are two economies in the world which are the ones that would pull the whole world out of the so-called recession; one is China, and the other is India. Now Egis has a dominant presence in India where we have 10 per cent of the total workforce in India of the total group and we are one of the very few subsidiaries which are contributing significantly to the top line (and) bottom line of the group.
Gujarat as a State has tremendous potential both naturally as well as physically. Being well connected by rail and road is an added advantage although air connectivity needs improvement. Its well-equipped ports are a tremendous boost for industries in the State.
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.