Industry bodies like Assocham and Confederation of Indian Industry (CII) welcomed the government's move to attract more foreign direct investment (FDI) in certain sectors. The government recently allowed 100 per cent FDI in telecom, hiked FDI limit in insurance sector to 49 per cent and took steps to promote foreign capital inflow in defen
Tag: Assocham
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When we finally hit the target?
Missing Maritime Agenda targets has been the norm. But now, the Shipping Ministry is pushing the much needed expansion of its severely congested ports with some urgency, even as the new targets for the year have been announced. As major ports are losing their lure with investors,
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ASSOCHAM opposes relaxation of export ban on ore
Industry body Associated Chambers of Commerce and Industry of India (ASSOCHAM) and the Odisha government oppose the centre's possible move to relax the export ban imposed earlier on iron ore. In fact, Odisha governments wants the centre to ban ore export completely as it argues that a number of industries in the state are facing shortage of the raw materia
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Govt to offer 7 open cast mines to raise coal output
The government has proposed to offer seven Open Cast Mines of about 25 million tonne capacity to Mine Developer-cum-Operators (MDOs) by this year end to increase coal production. Besides this, 14 blocks for power and three for mining have been put on offer recently under Government Dispensation Route and allocation of these blocks will be completed shortly
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Maharashtra ranks 3rd in port projects under PPP
As on April 30, 2013, a total of five completed port projects worth over Rs 3,700 crore have been put to service delivery under the PPP model in in Maharashtra, a report by Assocham shows. The report, titled Port Developments in India shows that the state ranks second in under-construction and under-bidding port projects under public-private partnership (PPP), with a share of 15 per cent and 37 per cent, respec
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AP commands lion’s share in ports sector: Assocham study
According to a study by Associated Chambers of Commerce and Industry of India (Assocham) Andhra Pradesh commands the lion's share of over 46 per cent with three projects worth over Rs 20,000 crore under construction in ports sector under PPP model. Odisha accounts for second highest share of about 17 per cent in value terms in ports sector.
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Gujarat has half of completed PPP projects in ports sector
A study conducted by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) shows Gujarat has 12 completed public private partnership (PPP) projects worth over Rs 12,400 crore in the port sector as of April 30, 2013. In terms of value, this is around 50 percent of all the PPP projects completed across the country in the port sector as of the above date. Across the country, 31 P
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In the eye of a revolution
IndiaÂ’s greatest need is for an effective and economically viable cold chain solution that will totally integrate the supply chains for all commodities from the production centres to the consumption centres, thereby reducing physical waste and loss of value of perishable commodities, writes Rai Umraopati Ray.
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Gujarat leads in completion of port projects
According to a study by the industry body Assocham, Gujarat, Odisha and Maharashtra account for 84 per cent of the total port projects completed during the 11th Plan Period (2007-12).
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India implements Rs 830 bn worth port projects under PPP
A study by Assocham shows that 62 public-private partnership (PPP) projects in the port sector worth Rs 82,000 crore are in different stages of implementation across different maritime states.