India is planning to invest over $120 billion in the development of airport infrastructure and aviation navigation services over the next decade, said President Pranab Mukherjee
Tag: FDI
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Aviation infrastructure still grounded
With a market size of around $16 billion, India is the ninth largest civil aviation market in the world today. During the Eleventh Plan period (2007-12), passenger traffic grew at a CAGR of 11 per cent
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Aviation policy to focus on regional connectivity: Pres
The government is working on a new civil aviation policy which seeks to provide connectivity to the smaller cities even as domestic air traffic has been on a growth path the last year, President Pranab Mukherjee said
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The future in India seems challenging, yet promising
Firstly, while the global market remains volatile and has an impact on the Indian economy, India is expected to retain a growth rate of 7.3 per cent for FY 2015-16, as per the International Monetary Fund (IMF).
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Fathoming the deeps
The meandering course of the Indian ports sector, the backbone of the countryĂ´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.
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Govt plans to put 98% sectors for FDI
Government is planning to put 98 per cent of sectors, which are open to foreign investments, under the automatic route so that businessmen wonĂ´t need to visit the Finance Ministry or Ă´Udyog BhavanĂ´ for any approval, a top official said.
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International Railway Equipment Exhibition | Equipped for the future
IREE 2015 provided a glittering centre-stage for all rail-technology related organisations and individuals to display their strengths, advancements and future plans
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Unravelling growth
At 4.87 million km, India has the second largest road network in the world. Transporting over 60 per cent of the countryĂ´s goods and serving 85 per cent of total passenger traffic, it is little wonder the Modi Government has accorded the highest priority to developing roads and highways.
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SPV will enable ports to execute projects at a faster pace
In a candid conversation with Infrastructure Today, I Jeyakumar, Chairman, Mormugao Port Trust, puts forth the challenges faced by ports and his views on the way ahead.
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Back on the rails?
Indian Railways has been a victim of years of chronic underinvestment. Though ushering in the PPP mode and 100 per cent FDI for the sector are being perceived as a panacea, there are miles to cover before things get rolling.