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India’s infra evolution paves the way for economic growth

India’s infra evolution paves the way for economic growth

A robust and sustainable infrastructure is a pre-condition for its growth. After years of a weak investment cycle, a sharp pickup in infrastructure investments in India is imminent. While infrastructure creation is necessary, it needs to be sustainable as well, writes Abhinav Sharma, Fund Manager, Tata Asset Management. Today, India stands at a pivotal juncture in...

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India’s path to prosperity: The four pillars of growth

India’s path to prosperity: The four pillars of growth

The four pillars of development stand tall as the cornerstones of progress. The four pillars of development – infrastructure, investment, innovation, and inclusion – are not isolated concepts but interlinked elements of India’s progress. Mandeep Singh, COO – Engineering and Contracting Division, Casagrand Premier Builder Ltd, explains how these pillars are contributing to the country’s growth story....

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How the ₹10 trillion capex will power rail, road & urban infra

How the ₹10 trillion capex will power rail, road & urban infra

Pratap Padode, Founder, FIRST Construction Council decodes what the finance minister has planned for infrastructure and development. Finance Minister Nirmala Sitharaman continued the thrust on infrastructure as she announced a capital expenditure outlay of ₹10 trillion for the financial year 2023-24. This would be a 33% increase from the CAPEX allocation announced in the previous...

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Why RRR will be the Government’s formula too in 2023

Why RRR will be the Government’s formula too in 2023

The Budget may unlock the prospects the sector has to offer. This south Indian movie (RRR) has made record collections globally and received rave reviews. But India’s infrastructure story is also set to attract global attention. Pratap Padode, Editor-in-chief reveals the magic RRR formula As we enter the new year in 2023, the market investors...

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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.