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Parveen Sharma, CEO, BIM Engineers: The industry is entering into a new era of ‘virtual twin’

Parveen Sharma, CEO, BIM Engineers: The industry is entering into a new era of ‘virtual twin’

Governments and educational institutions are waking up to the potential of BIM technology. BIM is getting wide acceptance by the Indian construction industry. The awareness is already picking up and we see adoption levels also happening across industries. Now all major private developers and government agencies are pushing for BIM adoption for their projects. BIM...

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By 2050, 60percent of India´s population will reside in towns

By 2050, 60percent of India´s population will reside in towns

Western economies like Europe and the USA are already quite advanced when it comes to infrastructure development compared to the developing countries. In comparison, economies like China, India and rest of Asia are still showing high growth which would require a lot of infrastructure support to back up this growth.

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Bridging the Skills Gap

Bridging the Skills Gap

Political leaders the world over are considering infrastructure spending as a means for reviving economic potential. Economists have long established a direct link between infrastructure spending and overall economic growth. Oxford Economics and PwC have forecasted that global spending on infrastructure development will be around $78 trillion till 2025.

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The warehousing sector is going to experience a sea change in its structure

The warehousing sector is going to experience a sea change in its structure

With the total warehousing space requirement in the country´s top seven markets expected to grow from 621 mn sq ft in 2016 to 839 mn sq ft by 2020, the warehousing sector has shown tremendous traction in the past couple of years. Further, investment in warehousing can provide an opportunity of realising returns in the range of 10-24 per cent per annum.

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GMR Airports to develop GoaÂ’s greenfield Mopa airport

GMR Airports to develop GoaÂ’s greenfield Mopa airport

GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, has won the international competitive bid for development and operation of Mopa Greenfield Airport in north Goa. The concession period for the greenfield project will be 40 years with a possible extension of another 20 years through a bid process. The airport will be built under the BOT (Build-Operate-Transfer) model.

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GST… What´s in it for infra?

GST… What´s in it for infra?

India´s ambitious infrastructure development plans hinge largely upon a successful transition from the current multiple taxes regime to the new uniform taxation code of the Goods and Services Tax (GST). Is the industry ready to meet the April 1, 2017 deadline? We do a status check...