By the end of this month, commuter will be able to zip to Chembur from south Mumbai in about 15 minutes. The Mumbai Metropolitan Region Development Authority (MMRDA) will open a portion of the Eastern Freeway from Orange Gate to Panjarpol. The remaining part up to Ghatkopar-Mankhurd Link Road (GMLR) will be opened early next year.
Tag: May
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Lopsided technology
Rail Minister Pawan Kumar BansalÂ’s nephewÂ’s alleged involvement in a job scam is perhaps an apt representation of what ails the nationÂ’s largest employer. Like any other behemoth
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The ultimate winner
With his dedication, strong work conviction and meticulous approach towards achieving his goal, Dr Santosh Sundararajan became the CEO of Vascon Engineers in November 2011. He has around 15 years of experience in the construction and engineering sector.
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CII recommendations: Issues in infrastructure
In order to make the Indian infrastructure sector viable and capable, the CII has recommended on some key policy issues. The Industry body has sought that these recommended key steps will give a fillip to investment in the sector.
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CIL to import 15 mt coal
Coal India (CIL) may need to import nearly 15 million tonne coal in 2013-14 to meet the shortfall in domestic coal supplies.
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Contract renegotiation in highways
The change in bidding conditions, including that by altering the timing of bid premiums, goes against the grain of bidding process. The level of success of PPP in India has been a function of contract design, regulations, and implementation framework in the respective sectors.
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Raw material security a challenge
While IndiaÂ’s infrastructure investment is likely to provide a boost to steel demand over the long term, there could be challenges to the raw material availability. Iron ore related uncertainties could be sorted out in the medium to long term,
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Railway freight to impact cement industry
The proposed 5.79 per cent increase in rail freight as per the recent Railway Budget may impact the margins of the cement industry. Around 50 to 60 per cent of the freight expense of a typical cement company is related to rail freight,
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There is a huge potential to enhance our cement consumption
Consumption of cement can be enhanced by giving major thrust for the development of infrastructure apart from providing a level playing field with the global cement exporters by re-imposing the basic import duty on cement, presently zero,
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We hope to see a revival soon
Vinita Singhania, Managing Director, JK Lakshmi Cement, believes that the cement demand will dramatically increase from Tier II and II cities and even rural markets.