IL&FS Engineering and Construction Company has bagged a Rs.374.64 crore project from Metro-Link Express for Gandhinagar and Ahmedabad (MEGA) for construction of viaduct corridor.
As a result of the capacity constraints being faced by the major ports, cargo is diverted to the private ports due to locational advantages, high operating efficiency, superior cargo handling equipment and investment in large capacity creation.
The focus should heavily be on skilling, re-skilling and up-skilling of labour resources. In order to grow and make campaigns like Â´Make in IndiaÂ´ a success, the industry needs access to talent that is Â´job readyÂ´-talent that needs minimal or no training when recruited for a particular role.
IL&FS Group has had a long association with the infrastructure sector specifically in the promotion and development of greenfield projects. The GroupÂ´s maritime division IL&FS Maritime Infrastructure Company Ltd (IMICL) is taking forward the GroupÂ´s vision in the sector.
Long term financing has been ailing the infrastructure sector making alternate non-banking financing options like Infrastructure Debt Funds (IDFs) more viable. Rahul Kamat and Garima Pant explore the IDF environment in India. The yawning infrastructure gap in the country is seeking closure to unleash its locked growth potential.