As of Q1 2022, Mumbai, Kolkata saw the highest construction prices
Tag: construction sector
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GST launch takes its toll on the June IIP numbers
The IIP number for the month of June 2017 came in sharply lower at -0.1% compared to 1.7% in the previous month of May 2017. A correction in the IIP was expected in the month of June due to the impact of the GST launch, although it was not expected to dip into negative territory.
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Lanco to recast Rs 90 bn debt
In view of the challenging economic condition, Lanco Infratech approached corporate debt restructuring (CDR) cell to recast its Rs 9,000-crore debt. Of the Rs 9,000-crore debt, Rs 4,000 crore is fund-based exposure and Rs 5,000 crore non-fund-based.
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Cement industry poised for better growth
Growth in cement demand in 2013-14 may improve as the economy is expected to grow faster during the year and also because the governmentĂâs policy initiatives may promote infrastructure sector,
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At the helm of CSDC
Ajit Gulabchand, Chairman and Managing Director of Hindustan Construction Company (HCC), has been appointed Chairman of the Construction Skills Development Council (CSDC), the Sector Skill Council for the construction sector approved by the National Skill Development Corporation,
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Focus on skilled manpower | Budget 2013-14
Skill enhancement: Availability of skilled manpower and semi-skilled manpower is becoming a bottleneck in execution of projects.Thus enhancing skills for construction sector would help the GDP growth as well. While this problem is being addressed and does not have an immediate solution, semi-skilled manpower development programmes may be included in schemes like NREGA which should encourage skill-enhancement so that over a period they would be employable by the industry.