Mangu Singh, Managing Director, Delhi Metro Rail Corporation (DMRC) indicates that challenges around land acquisition have slowed down the ongoing extension of metro rail network. Therefore, if the need arises again, the metro rail operator in the Delhi National Capital Region (NCR) will not be averse to negotiating directly with private landowners.
Tag: Manish Pant
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We want to ‘Make in India’ for India’s railway industry
Subrat Nath, Area Director, Asia-Pacific, Talgo, a privately-held rolling stock and maintenance equipment manufacturer headquartered at Madrid, says that the firm is keen to not only change the way railway journeys are undertaken in India, but also make the country a major manufacturing hub for its products.
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Railways need to create a holistic engagement platform
Hitachi and its subsidiary company, Ansaldo, are engaged with the Indian Railways on many platforms. We will be introducing state-of-the-art technology in signalling and telecommunications on the Dedicated Freight Corridor (DFC) from Delhi to Mumbai.
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Improve services and engagement with users
Arun Lakhani, Chairman and Managing Director, Vishvaraj Infrastructure, says users will pay for drinking water if service providers improve service and engagement levels. Lakhani, whose firm has successfully rolled out the much-acclaimed 'Nagpur 24x7 Water Supply Scheme' in partnership with the French firm Veolia, also feels that the government needs to enunciate a policy on water reuse to make treated water an attractive proposition for the industry.
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We can’t shy away from PPPs
PR Jaishankar, Chief General Manager, India Infrastructure Finance Company Ltd (IIFCL) says that old models of development financing need a complete overhaul. He feels while development financing still holds relevance, it needs to be viewed in the context of the dynamic needs of the emerging environment.
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Affordable housing is now lucrative for real estate majors
The announcement of infra status for the affordable housing segment in the Budget will open up new avenues for developers planning to offer budget housing units and will make it easy and comfortable for them to get finance from lending agencies.
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In the HAM of a Dilemma
Just as with PPP projects, HAM contracts too are finding financial closure to be a challenge. Banks, especially, are wary of putting their money on developers with weak financials and lack of adequate experience. Industry insiders, however, beg to differ.
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Talks of realty price correction are highly speculative
WhatĂÂŽs come as significant positives for the real estate sector are the announcements on affordable homes. One is the government according it infrastructure status, which means projects in that segment will be able to raise finance at a much lower cost.
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India is at a very interesting and crucial moment right now
India is at a very interesting and crucial moment right now. The Indian government has stimulated a lot of activity involving infrastructure development such as the Smart Cities programme and the Delhi-Mumbai Industrial Corridor.
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A Massive Digital Thrust
'India is moving towards becoming a very digital country. You have seen the examples from the money perspective over the past several weeks. Irrespective of which side of the debate you are on, the benefits of digital are going to be across sectors,' emphasises Narendra Bhandari, General Manager, Developer Experience & Evange-lism, Microsoft India. He predicts that this 'Digital' or 'Fourth Industrial Revolution' will transform the infrastructure sector too in an unimaginable manner.