All emerging economic and military powers require secure trade routes. Take, for example, the Suez Canal, a vital gateway for global trade. It attracts about 12-15 per cent of global trade and about 30 per cent of global container traffic, with more than $1 trillion in goods transiting annually. The blockage of the Suez Canal...
Tag: COVID-19
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Construction costs for Grade A warehousing increases 9.26% to 10.44%
As of Q1 2022, Mumbai, Kolkata saw the highest construction prices
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Blackstone’s Nucleus Office Parks revises 2022 leasing guidance
Nucleus Office Parks ups 2022 leasing guidance due to strong demand
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All 100 smart cities to have Integrated Command Centres by Aug 15
Around 80 cities have already installed Integrated Command Centres
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India and China bilateral trade hikes up to 15.3% in Q1 2022
China's exports to India rose to $27.1 billion between Jan & March
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S N Subrahmanyan, CEO & MD, L&T: Automation and digitalisation is the new normal
Mumbai Trans Harbour Link (MTHL) that L&T is constructing which will be the country’s longest sea bridge is one of the best examples of the extent of digital technology has been adopted. The team surveys the site using drone photogrammetry to monitor progress, and digital solutions for project monitoring, P&M & material tracking. S N...
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Parveen Sharma, CEO, BIM Engineers: The industry is entering into a new era of ‘virtual twin’
Governments and educational institutions are waking up to the potential of BIM technology. BIM is getting wide acceptance by the Indian construction industry. The awareness is already picking up and we see adoption levels also happening across industries. Now all major private developers and government agencies are pushing for BIM adoption for their projects. BIM...
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Privatisation to Boost Tech and Distribution Efficiencies
Several structural reforms announced for the power sector in the Budget 2021-22 are steps in the right direction, says Sanjay Banga, CEO, Tata Power Delhi Distribution Ltd (TPDDL). Excerpts of the interview… What are your views on the Budget and how much has it addressed problems on the ground?All the three measures announced are a...
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China Powers Spiralling Steel Prices
Domestic steel prices have witnessedan unprecedented rise from the second half of FY2021.The economic support measures unveiled by various countries will keep the demand for steel high. The near absence from the world export market and a higher import by China are among the major factors keeping steel prices at elevated levels. Continued higher demand...
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Indian Railways freight loading forecasts growth
April to February cumulative freight data up by year-on-year basis
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