A stronger thrust on PPP projects, greater FDI and steady government support can help Indian Railways, one of the world´s largest rail networks, emerge from the rut.
Tag: FDI
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Steely growth
India is putting in place measures to fast-track economic growth. Core industries like steel will play a substantial part in this growth if the next decade has to really belong to India.
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India calling
In a move that could help consolidation, the government, just this September, approved rules for spectrum trading, allowing companies to buy and sell spectrum among themselves.
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At the high port
With favourable government policies and the Make in India initiative, the ports sector, along with logistics, is likely to get a boost. However, the key lies in effective execution. The growth graph of the sector seems to be on a rising trend. Cargo traffic, which recorded 1,052 million metric tonne (MMT) in 2015
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Odisha approves Rs.41,900 cr investment proposals
The High Level Clearance Authority (HLCA) has approved seven projects with investments totalling Rs 41,900 cr. Among the projects cleared was an FDI proposal by Japan based J Green Power Ltd to set up 423 MW gas-based power plant at a cost of Rs 3,106 crore.
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Efforts to attract FDI paying off: Arun Jaitley
Government´s efforts are paying off as India has become the highest FDI destination for greenfield projects, Finance Minister Arun Jaitley said in late September. ´Satisfying, our efforts are paying off. India becomes the highest FDI destination for greenfield projects,´ Jaitley tweeted.
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Local bodies to woo investors for projects in Pune
With the state and the Centre asking local governing bodies to generate their own revenue and develop infrastructure without depending on government aid, both Pune Municipal Corporation (PMC) and the Pune Metropolitan Development Authority (PMRDA) are gearing up to attract private players to invest in the city and the region.
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The PEB Wave
The shift from in-situ construction to factory-controlled pre-engineered high quality construction has changed the requirement of engineering, materials, and skills for the construction industry.
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Centre kick-starts FDI, PPP in Railways
Attracting foreign direct investment (FDI) in the Railways is finally getting a push.
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Can Prabhu bring Indian Railways on track?
Despite having the second largest rail network in the world, Indian Railways (IR) has not been able to bring it on growth trajectory. The rail sector is infested with challenges like snail´s pace expansion and modernisation, poor customer service