In a decision whose significance will play out over time, the Modi government made it easier for India to accept bilateral aid from foreign countries, hoping it would attract investment in infrastructure and boost the ´Make in India´ project. India will now accept assistance from countries other than the five on the official list
Tag: investment
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Project indemnity could boost infra investment
Emerging economies are heavily investing in infrastructure development for a positive economic growth trajectory. The current economic dynamics in India suggest that infrastructure will give a major push to the overall development of the country´s economy in the long run.
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Decoding Opportunities
E-commerce retail linked activities have been driving significant investment and value for the Indian logistics sector and have emerged as an important segment of the Indian logistics spectrum. The e-commerce retail market is amongst India´s fastest growing and exciting markets.
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The 2percentage mandatory CSR spend is a move in the right direction
There isn´t a simple answer or cause to this. The way I look at it is a two-fold answer. Firstly, we are a water stressed country, with our population hovering around 1.2 billion and with the increasing population, this situation is likely to get worse.
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Is India´s steel industry ready to take the torch from China?
As Prime Minister Narendra Modi pushes for improvements in India´s infrastructure and housing, the nation´s steel consumption is set to accelerate. China´s demand for steel, meanwhile, is retreating from the double-digit growth rates of the past 10 years as Beijing tries to shift the economy to focus on domestic consumption rather than exports.
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Unravelling growth
At 4.87 million km, India has the second largest road network in the world. Transporting over 60 per cent of the country´s goods and serving 85 per cent of total passenger traffic, it is little wonder the Modi Government has accorded the highest priority to developing roads and highways.
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AAI goes for expansion
State-run Airports Authority of India (AAI) will invest up to Rs 1,400 crore in further expansion of Chennai Airport and setting up an ATC tower at Kolkata Airport. This comes after the government dropped its privatisation plans.
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Investment in Railways to increase
Girish Pillai, Advisor-Infrastructure, Indian Railways, has highlighted key features of the Indian Railways´ five-year action plan. Pillai said the National Transport Development Policy Committee has estimated investment till 2032 to be worth Rs 32,00,000 crore.
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Govt looking at Rs.3.3 lakh cr investments in transmission
The government is looking at an investment of around $50 billion (around Rs 3.3 lakh crore) in the transmission segment in the next five years. Piyush Goyal, Union Power Minister, said, ´In the next six months, at least 12-13 transmission lines are being bid out worth $16 billion. Hopefully, in the next five years, we are looking at an investment of nearly $50 billion.
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Govt plans to offer 850 ports for development to private sector
With an aim to scale up inland waterways infrastructure, the government is planning to offer 850 small and medium sized ports along key rivers for development by the private sector including foreign investors. This could see an investment of nearly Rs 4,000 crore.