Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.
Tag: Ports
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Well-developed infrastructure is key to development
Well-developed backward and forward infrastructure is essential for manufacturing. Building a high class infrastructure is crucial to spur growth in manufacturing sector and enhancing the competitiveness of this sector in India.
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Gaining Lost Ground
With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
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Vallarpadam emerging as hub for empty containers
Shipping lines have started using Vallarpadam Terminal as a transhipment hub for empty containers.
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Private terminals get a boost
The government is seeking to shore up investor confidence in the ports sector by agreeing to allow private firms setting up container terminals to change their cargo profile either permanently or as a stop-gap measure to deal with circumstances that have rendered their facilities idle.
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Need for speedy reforms
A holistic development model is required to push the sluggish growth in the ports sector. Looking at the bigger picture, from coal for power & steel plants to crude oil for refineries, ports provide a gateway for the majority of Indian trade.
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Infrascape 2015 – IndiaĂ´s infrastructure sector…
IndiaĂ´s infrastructure sector has suffered due to dull macroeconomic conditions and delay in key policy related decisions. This situation is however will start to change 2015 onwards with the focus of the new government on logistics infrastructure creation.
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Konecranes launches new overhead crane for lifting needs…
Konecranes has introduced a new overhead crane in Pune. The new crane, the CXT-ĂÂŤ UNO, has been developed to give small and medium-sized customers in emerging markets access to KonecranesĂ´ proven technology, and will extend KonecranesĂ´ product offering for these markets.
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Konecranes launches new overhead crane for lifting needs…
Konecranes has introduced a new overhead crane in Pune. The new crane, the CXT-ĂÂŤ UNO, has been developed to give small and medium-sized customers in emerging markets access to KonecranesĂ´ proven technology, and will extend KonecranesĂ´ product offering for these markets.
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Railroad connectivity for major ports
The government plans to work towards directly connecting all 12 major ports with railroads and start a roll-on-roll-off service to transport vehicles easily from factories