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...
Tag: Roads
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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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Where are the orders?
Data from the Ministry of Road Transport & Highways (MoRTH) showed that only 4,766 km of the targeted 12,000 km of highways for FY23 had been built from April to November. Pratap Padode, Editor-in-Chief, Construction World worries as we step into 2023… Highway construction this year is even slower than 2020 – the first year of the...
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The advantages of multimodal logistics
Integrating diverse mode of transportation for improved efficiency India’s logistics costs are presently 14 per cent of the country’s Gross Domestic Product (GDP),similar to other developing countries but well above the global average of 8 per cent. One of the government’s initiatives to reduce the logistics costs to 8-10 per cent of India’s GDP as...
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India needs Rs 50 trillion investments in infrastructure
For a sustainable development across the country, the infrastructure sector in India- comprising core sectors like power, roads, highways and renewable energy
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Multi-modal logistics park to be build in Jogighopa
In order to promote international trade with the neighbouring countries, the Centre has proposed to initiate a multi-modal logistics park at Jogighopa, Assam.
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Is IndiaÂ’s Rs 5.7 trillion infrastructure investments at risk?
The construction core is being subject to a mockery through the use of inferior quality TMT rebars. Infrastructure Today investigates with analysis from FIRST Construction Council
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950 km of roads will come up under Bharatmala project
Under the Bharatmala project, roads and highways measuring a total of 950 km will be developed in Chhattisgarh. The Central Government had already declared 290.08 km of road as new national highways during FY 2017-18.
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The Big Infra Opportunity
Stakeholders harp on the government's infrastructure push and expect construction orders of Rs.18 trillion in the next six years. This order inflow volume should support 12 to 15 per cent of industry-level execution of compound annual growth rate (CAGR).
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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.