´The Andhra Pradesh Government is expecting 139 new infrastructure projects across the state over the next five years that would see an investment of $30 billion,´ said Ajay Jain, Secretary, Infrastructure and Energy.
Tag: investments
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Govt to set up PCPIRs
The Government of India has approved setting up four Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs) in the states of Andhra Pradesh (Vishakhapatnam - Kakinada), Gujarat (Dahej), Odisha (Paradeep) and Tamil Nadu (Cuddalore - Nagapattinam) which are estimated to attract investments of around Rs 7.63 lakh crore and provide employment to around 33.96 lakh people.
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Indian concrete industry on a roll
Increased investments in infrastructure development is the focus of the present Government and this segment has now captured the intense attention from top policy makers of the country
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Investments in RE will be protected
Piyush Goyal, Union Minister of State (IC) for Power, Coal & New and Renewable Energy (RE) has assured the country that the government will make sure that the investments in India will be protected and encouraged.
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Piramal to invest Rs.5,000 crore in realty projects
Piramal Fund Management plans to invest up to Rs 5,000 crore over the next one year to finance construction projects, a top company executive said. The fund has already invested in nine realty projects through construction finance proposals totaling Rs 1,100 crore in the last three months.
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India hopeful of global investments in power sector
Power, coal and renewable energy minister Piyush Goyal is hopeful of the Indian power sector getting significant investments from global investors at the World Economic Forum meeting in Davos.
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Fadnavis urges industrialists to invest in Vidarbha
Maharashtra Chief Minister Devendra Fadnavis has urged industrialists to invest in the Vidarbha region of the State and assured them of his government´s commitment to remove all blockades.
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Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
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Infra sector needs alternative sources of finance
Infrastructure is one of the top priorities for the Indian government. The right policy framework will give confidence to both domestic and international investors and create a competitive environment to deliver cost-effective services to end-users.
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Foreign venture funds enter infra space
The Indian infrastructure space is set for a major fund-boost worth billions of dollars from foreign venture capital investors as regulator SEBI has removed a lacunae in norms to allow such investments.