As highway InvITs perform well and numerous digital and technology innovations push the infrastructure sector, Private sector participation in the PPP mode can push for fast-track growth of the Indian economy, says Nitin Gadkari, Minister of Road Transport and Highways in India. The dream of the Prime Minister is to make the Indian economy $5...
Tag: infrastructure
Post
Post
How the ₹10 trillion capex will power rail, road & urban infra
Pratap Padode, Founder, FIRST Construction Council decodes what the finance minister has planned for infrastructure and development. Finance Minister Nirmala Sitharaman continued the thrust on infrastructure as she announced a capital expenditure outlay of ₹10 trillion for the financial year 2023-24. This would be a 33% increase from the CAPEX allocation announced in the previous...
Post
The entire masterplan of MET Smart City is ready in advance
SV GOYAL, CEO, Model Economic Township Ltd shares the success story… Reliance Industries Limited, through its subsidiary Reliance Ventures Limited is on the verge of creating history with its iconic gold-rated integrated industrial township; namely, Model Economic Township or MET City in Jhajjar, Haryana. The man standing tall against all adversities right from the inception, SV...
Post
Early completion of package-2 is a vindication of our engineering capabilities
– R Anantakumar, Director (Ops) & Urban Infra BU Head, Afcons Maharashtra Samruddhi Mahamarg or Nagpur-Mumbai Super Communication Expressway Project is a major step towards realising the Prime Minister’s vision of improved connectivity and infrastructure across the country. The 701 km expressway being built at a cost of about INR 55,000 crore...
Post
A Seamless Movement of People, Goods and Services
Various expressways are already under construction, says Kiran Shetty Since the announcement of master plan, the humdrum of the wheels of industry and manufacturing sector are resounding across India’s corridors, as they move with renewed spirit. Plan to develop 22 Greenfield Expressways is underway with various expressways already under construction, says Kiran Shetty, CEO, Conserve...
Post
Where are the orders?
Data from the Ministry of Road Transport & Highways (MoRTH) showed that only 4,766 km of the targeted 12,000 km of highways for FY23 had been built from April to November. Pratap Padode, Editor-in-Chief, Construction World worries as we step into 2023… Highway construction this year is even slower than 2020 – the first year of the...
Post
A Seamless Movement of People, Goods and Services
Various expressways are already under construction, says Kiran Shetty Since the announcement of master plan, the humdrum of the wheels of industry and manufacturing sector are resounding across India’s corridors, as they move with renewed spirit. Plan to develop 22 Greenfield Expressways is underway with various expressways already under construction, says Kiran Shetty, CEO, Conserve...
Post
A Perceptional Shift in the Bureaucratic Way of Doing Business
New projects will boost investors, writes Amitava Chatterjee, SBI CAP Banks have largest exposure to the power and road sectors amongst the infrastructure sector. Further, presence of projects under NIP and Gati Shakti program will substantially boost the confidence of investors to such an extent that it may attract participation from the private banks and...
Post
A Game-Changer for India’s Infrastructure
A powerful tool if made open to the public, writes Elias George, KPMG Gati Shakti NMP will be an even more powerful tool once it is made open access to the public, which will facilitate crowd-sourced suggestions, corrections, and iterations, as well as enabling fairer, more democratic, and more accurate assessments of the environmental and...
Post
Gati Shakti will catalyse economy, affirm infrastructure experts
Timelines for DPRs and land acquisition of projects will also be shortened Mega projects like Navi Mumbai International Airport, Sagarmala, Coastal Road, Mumbai Trans-harbour Link, Noida International Airport among others are likely to witness economic benefits with the implementation of Gati Shakti as timelines for DPRs and land acquisition have been shortened stated experts at...