The Federation of Indian Chambers of Commerce and Industry (FICCI) wants the government to add reserve prÂice concept as a parameter in the bidding processes for infrastructure projects instead of opting purely for lowest cost bids.
Tag: infrastructure
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DMIC to push up industrial development
The proposed Delhi Mumbai Industrial Corridor (DMIC) has increased the potential of industrial development.
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Infrastructure in NE to get booster
The North Eastern states have stressed on development of infrastructure for improved connectivity and rural transformation for development, according to Planning Commission.
The government would take proactive
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AAI seeks funds to keep growth pace
Airports Authority of India (AAI) has sought additional funding to keep pace with the fleet and traffic expansion expected in India over the next five years. AAI, which invested around Rs 1,200 crore in modernisation projects last year,
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Krishnapatnam Port signs pact with CONCOR
Krishnapatnam Port Company (KPCL) has signed an agreement with the Container Corporation of India (CONCOR) to provide seamless moÂvement of container traffic from the port to the hinterland. The partnership deal is a milestone as CONCOR
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GAIL bets high on city gas distribution
GAIL (India) is looking to expand rapidly in areas of city gas distribution (CGD) and related pipeline infrastructure through tie-up with various state government entities. Having tied up with state entities in Karnataka and Kerala, the company is now
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Upgraded road for Arunachal
The Cabinet Committee on Infrastructure approved the updating the civil cost of widening of existing road to two-lane National Highway standards from Potin to Pangin (407 km) on BOT (Annuity) basis under Arunachal Pradesh Package of Roads and Highways of
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Analysis: Logistics and Railways
The logistics industry in India is still at a nascent stage and is highly fragmented. However, the future of logistics sector in India looks bright with government focusing on developing infrastructure, say Bhaskar Subbramanian and Mohammad Athar.
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Expertspeak: Now, to capitalise on ICTT
With globalisation, cross-border trade has grown monumentally and continues to acceÂlerate at a never-seen-before pace. India has one of the most rapidly expanding infrastructure privaÂtisation programmes among the developing countries
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Steering the growth
India's urban infrastructure is growing at a phenomenal pace, but due to improper urban planning in the past, growth is not able to match the pace of economic activities in the urban areas, says Kumar Ramesh.