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Spurring a Sea Change

Spurring a Sea Change

The draft Indian Ports Bill, 2020, has many positives, but it should safeguard state autonomy and plug holes. The wish list is for an act that will make India’s coastline future-ready – safe harbours, unimpeded access, water deep enough for the largest vessels, no risk of noise, dirt and danger associated with loading and unloading...

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Steel shining!

Steel shining!

India is the third largest steel producer in the world after China and Japan and has an installed capacity of about 131 million tonne (mt) at present. It produced 101 mt of steel in FY2017 and consumed 84 mt during the same period.

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Traction Ahead!

Traction Ahead!

The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).

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Post Budget Analysis | Cement

Post Budget Analysis | Cement

Improved rural incomes, higher rural credit and increased allocation for the rural, agricultural and allied sectors are likely to boost rural demand, including the requirement for rural housing.

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Post Budget Analysis | Metals: Iron and Steel

Post Budget Analysis | Metals: Iron and Steel

The government's thrust on infrastructure, which is one of the key end-user industries for the steel business, is an encouraging trend for steel demand. Within infrastructure, significantly higher capital expenditure earmarked for affordable housing, power transmission and railways is likely to augment steel demand.

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Areef  Patel, Vice-Chairman, Patel Integrated Logistics Ltd

Areef Patel, Vice-Chairman, Patel Integrated Logistics Ltd

The logistics sector generates mass employment and is a key revenue earner for the government. In order to improve the competencies of the logistics sector, the Goods and Services Tax (GST) should be implemented without further delay, which could result in potential savings of around $200 billion and lead to streamlining of the taxation structure and reduce inventory maintenance costs.