In order to cater to its significant growth potential, India will need more airports, increased capacity at existing ones and supporting infrastructure, finance and human resources.
Tag: Infrastructure Today
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If the economy gets robust, we would require 200 more airports in the country
Towards creating a better infrastructure in the country, the Airports Authority of India (AAI) is working hard to connect smaller towns with major cities.
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We are quite confident of the underlying value of our assets
We are just taking out money from where we think we have got the maximum and putting it into projects which we think has potential, says Parmit Chadha, CEO, Strategy and Corporate Development, GMR Infrastructure
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Airports: Spreading its wings
India is likely to be the fastest growing aviation market in the world in the next 20 years. Thus, there is a need to adopt a new proactive mindset which does not wait for current infrastructure to become saturated before planning for expansion,
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Accelerate deliberations
While it is essential for policymakers to further accelerate deliberations on the issues to ensure early implementation, other stakeholders such as service providers, users and industry bodies should also come together to prepare a road map in advance,
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Indian 3PL market is set to grow tremendously over next 5-7 years
The next decade or so will see India becoming efficient in managing its logistics cost as the need for world class logistics increases with the expected growth in the economy
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Poor infrastructure is the major culprit
On account of government, efficiency can be brought by fast tracking of critical infrastructure projects and policies and ensuring completion on time,
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Logistics: Driven by imponderables
Logistics sector and logistics costs are largely driven by many imponderables that occur in the global, national, and regional canvas. Therefore, it will be wrong on our part if we generalise issues and arrive on conclusions
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Faster implementation is imperative
The logistics sector grows at rates faster than GDP, and investment in logistics infrastructure needs to be made 10 years ahead of requirement,
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Accord industry status to logistics: Experts
Lack of coordination between the various government agencies that are involved in the road/highway construction business and improper policy initiatives hamper the prospects of roads sector, experts feel.