In an exclusive interview with INFRASTRUCTURE TODAY, Ajay Pandey, Managing Director, Group CEO of GIFT City, outlines how an ideal greenfield city should be.
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TIME RIPE FOR Greenfield!
A greenfield smart city is a clean-slate approach towards urban growth, something that helps prepare for a new future. Two main issues that need to be addressed today a comingofage population that needs employment, and a place for them to live while they work.
Hyderabad contributes over 65 per cent of Telangana’s GDP
Hyderabad is the lifeline for Telangana and contributes over 65 per cent of the states GDP. Exemplary administrative tools have been in place, owing to which the city has been ranked best in ease of doing business.
Accelerating Infrastructure Projects
Over the past 10 years, India has successfully executed projects such as the Golden Quadrilateral road programme and port expansion projects in the country.
Forget elections, fix the economy!
The economy is huffing and puffing. Its health report indicates a serious infection. The economy has been inflicted with two rounds of disruptions which have caused it to sputter; Demonetisation and GST. Before the GDP numbers were recalibrated, the GDP numbers had turned in sub six percent figures.
Technological Intervention
Logistics is the backbone of any economy as it affects all end-user industries in general and is very important for all three sectors of the economy: agriculture, manufacturing and the service industry.
Looking Beyond Airports
Aviation infrastructure is top priority for India, which is currently aiming to become the third largest aviation market in the world by 2020 and the largest by 2030. Hence there is a need to develop airports that are modern and efficient to facilitate easier movement of travellers.
Sophisticated Software Solutions Do not Necessarily Reduce Cost
The role of big data during project implementation is different from that of project operations. The implementation phase typically consists of planning, design and construction.
Railways need to create a holistic engagement platform
Hitachi and its subsidiary company, Ansaldo, are engaged with the Indian Railways on many platforms. We will be introducing state-of-the-art technology in signalling and telecommunications on the Dedicated Freight Corridor (DFC) from Delhi to Mumbai.
Indian Private Equity takes off!
Private Equity (PE) in India is still in its nascent stage, accounting for roughly 1 per cent of GDP.