A lot of optimism has set in with 100 per cent FDI inflow, the Sagarmala Project, greater thrust on PPP projects, and the Â´Make in IndiaÂ´ initiative. The Indian ports and shipping industry plays a vital role in sustaining growth of the countryÂ´s
In yet another important development in the implementation of the ambitious Dedicated Freight Corridor Project of Indian Railways, the Dedicated Freight Corridor Corporation of India (DFCCIL) has awarded a major contract for construction of 625 km of double track corridor from Rewari (Haryana) to Iqbalgarh (Gujrat) via Rajasthan at a cost of about Rs 6,700 crore.
Dedicated Freight Corridor Corporation of India (DFCCI) awarded a Rs 6,700 crore contract, the single largest rail contract so far in the country, to a consortium of L&T and Sojitz, a Japanese infrastructure major. The consortium is said to have received the letter of award for the project. According to the terms of the contract, the consortium is responsible for laying an 643 km of rail track between Rewari in Haryana and Palanpur in Guja
General consultancy contract for KanpurÂ–Mughalsarai, KhurjaÂ–Ludhiana and KhurjaÂ–Dadri section of Eastern Dedicated Freight Corridor project has been awarded to AECOM Asia Company at a cost of Rs 18.18 crore, according to the Dedicated Freight Corridor Corporation of India (DFCIL).