We need to improve our infrastructure, and if someone asked, by when, the obvious answer will be yesterday! According to a study by S&P Global Ratings, the country´s poor infrastructure is the biggest hurdle to the government´s ´Make in India´ programme, and they went on to add that the infrastructure deficit is costing the nation up to 5 per cent of our GDP.
Tag: infrastructure
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Rs.2,000 crore for Puducherry infra
Puducherry Chief Minister V Narayanasamy has said that The Agence Francaise Developpement (AFD), a public financial institution in France would extend assistance of over Rs.2,000 crore for developing infrastructure in the Union Territory
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There has been no formal training at all till date
The Logistics Sector Skill Council is unique in its own way. Logistics is an activity that pervades all industry, either in the form of pure-play logistics (ports, infrastructure, freight forwarding, air cargo, transportation) or in-plant logistics.
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Hard infrastructure has to be backed by soft infrastructure
We should have had it 20 years ago, but we still don´t have it. It was thought of when the Congress was in power and it was the BJP which was the principal opponent to it. Now when the BJP is in power it is the Congress which is the principal opponent. Our national parties need to come to terms over what is good for our nation and leave their individual stands aside.
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Mahanagar Gas makes strong debut
Mahanagar Gas (MGL) has listed at Rs.540, a 28 per cent premium against issue price of `421 per share, on the National Stock Exchange (NSE). The stock hit a high of 549 within minutes of listing. It also touched a low of Rs.532 in intra-day trading.
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Decoding the Arbitration Amendment
India is moving towards reviving the infrastructure sector by encouraging investments by private players and reinvigorating the sector through Public-Private Partnership (PPP). The government is also providing the much-needed push by increasing the budgetary allocation to Rs.2.21 lakh crore for key infrastructure areas, such as roads, railways and ports.
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The cloud is an absolute natural fit for the Indian industry
Cloud computing is absolutely the right fit for the Indian economy, purely because a large part of our businesses are in the micro, small and medium service enterprises (MSME) space.
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HCC achieves tunnel boring in crucial Delhi Metro III project
Infrastructure major Hindustan Construction Company (HCC) has successfully achieved a major breakthrough by day-lighting the tunnel on the Dwarka-Najafgarh Metro corridor.
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METRONOMICS
The experience left the planners wiser. And this was evident in the 65 kilometres of the first phase of the ambitious Delhi Metro Project getting completed a full two years nine months ahead of schedule in 2005, in a period of a little over eight years.
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Need to blend solutions locally
We are active in India since April 2012 when we signed the operation and maintenance contract for the Hyderabad Metro Rail with L&T, which is involved in construction of three lines of 73 kilometres under the public-private partnership (PPP) model for the past four years