Logistics cost in India is approximately 14 per cent of GDP, while the number for most developed nations is about 9-10 per cent. On a 1.6 trillion GDP, this represents absolute value of inefficiency and therefore a logistics market potential of over $65 billion.
Tag: infrastructure
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Urban Wastewater Management: A much needed delivery system
The treatment capacity from the sewage generation from Class I cities and Class II towns is less than 30 per cent. About 80 per cent of domestic water goes out as wastewater.
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GoI to standardise infra definition
In order to bring about uniformity and target concessions to the right segments, the government will decide on the segments that will be classified under infrastructure sector.
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Tower biz gets infra status for funds
In an effort to support funding for telecom facilities, the Reserve Bank of India declared that telecom towers will be treated as infrastructure facility, to get credit from non-banking finance firms.
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IIFCL signs $250 mn deal with ADB
The government, Asian Development Bank (ADB) and the IIFCL have signed a $250 million loan agreement for tranche 2 of the ongoing Second India Infrastructure Project Financing Facility.
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Noida gets Rs 5K cr thrust
Noida received a budgetary allocation of Rs 4,997.65 crore out of the Rs 17,000 crore allotted for the development of Noida, Greater Noida and Yamuna Expressway.
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Vibrant Gujarat 2011: Larger and cleverer
The highlight of the much-publicised event this year was as much the volumes pledged, as the state's efforts to set a platform for national and international investments.
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PPP is almost the only way for better management of water sector
A new initiative by ADB and the Government of India seeks to promote and Ć¢ā¬ÅmainstreamĆ¢ā¬Ā PPP for inclusive growth of the country.
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Pipeline transport offers lower cost and higher capacities
The initiatives in the nationĆ¢ā¬ā¢s new bid to use gas as a more environmentally acceptable alternative to oil is influencing piping contractors.
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Budget 2011-12: Infra on higher pedestal
The government intends to spend Rs 214,000 crore on infrastructure, 23.3 per cent higher than the allocations in 2010-11, accounting for major share of 48.5 per cent of the gross budgetary support to the central plan.