Gangavaram Port has contributed Rs 15.40 lakhs for undertaking developmental works in Gangavaram village. The Gangavaram Port management has contributed the amount under its Corporate Social Responsibility program with an objective to bring about growth and support the welfare of the local people.
Tag: Construction
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Record 47,350 km of PMGSY roads constructed in 2016-17
A record 47,350 km of Pradhan Mantri Gram Sadak Yojana (PMGSY) roads was constructed during 2016-17. This is the highest construction of PMGSY roads in a single year, in the last seven years. While 25,316 km of PMGSY roads were constructed in 2013-14, road construction in 2014-15 was 36,337 km and in 2015-16, it was 36,449 km.
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Infra push to see cement demand improve to 5percent in FY18, says ICRA
An expected revival in the infra space may help cement demand to grow to around 4 to 5 per cent in the next fiscal, according to ratings agency ICRA.
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Bentley Systems issues call for submissions to the 2017 ‘Be Inspired’ Awards
Bentley Systems Incorporated, a leading global provider of comprehensive software solutions for advancing infrastructure, has announced its call for submissions to the 2017 ‘Be Inspired’ Awards programme.
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XCMG push benches contribute to Malaysian infra development
XDN525 push benches from machinery manufacturer XCMG have served in Malaysia for the first time in the sewage treatment project in Kuala Lumpur
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India is on the cusp of large-scale urbanisation
Infrastructure status for affordable housing was a long-standing requirement of the sector. This move should boost the volume of construction activity across the country, which has been struggling with reduction in the number of projects being launched over the last few quarters.
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Infrastructure tag will create liquidity in the sector
The affordable housing sector is looking and feeling upbeat! The sector has been finally granted infrastructure status, in addition to interest rate subsidies through the PMAY scheme, the income-tax breaks have been extended effectively till 2024 and finally the government has moved the idea of providing regulatory and construction approvals within 60 days.
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What GST holds
All states will implement GST by July 2017. The Constitution Amendment Bill for Goods and Services Tax has been approved by the President of India post its approval in Parliament (Rajya Sabha on 3 August 2016 and Lok Sabha on 8 August 2016) and ratification by more than 50 per cent of state legislatures.
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There is a real talent shortage in the Indian construction industry
It's early days for us. We have launched our operations in India last year. We said, let's not get the cart before the horse. Let's create a world-class delivery capability. So we have built that team and we are continuing to expand that team with quite an aggressive hiring programme. Now, more recently, we have been bringing on the sales, marketing and expertise.
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Plastics processing industry poised to grow CAGR of 10.5percent till FY20
A knowledge and strategy paper on ‘Sustainable Infrastructure with Plastics’ has been released at the national conference organised by FICCI jointly with Department of C&PC, and Organization of Plastics Processors of India (OPP) at the FICCI headquarters in New Delhi.