I Squared Capital, through its ISQ Global Infrastructure Fund, has agreed to acquire 100 per cent stake in Jaipur Mahua Tollways Pvt Ltd from IJM Corporation, Malaysia, for Rs 525 crore (as disclosed by IJM Corporation to Bursa Malaysia).
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The infrastructure story is waiting to unfold
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.
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.
Infrascape 2015
Infrastructure plays a very significant role in economic development. The government has outlined various infrastructure development initiatives in the country, which include smart cities, nationwide connectivity networks of roads, power, gas and water grids.
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.
Transport planning central to urban planning
At a time when urban mobility has emerged as a major concern and the Central government is set to launch new initiatives for building 100 smart cities and renewal of 500 cities and towns, a conference of planners, experts and other stakeholders have opined that Metro rail transport, building more roads, flyovers, elevated highways etc.,
Infrascape 2015 – Infrastructure plays a very significant…
Infrastructure plays a very significant role in economic development. The government has outlined various infrastructure development initiatives in the country, which include smart cities, nationwide connectivity networks of roads, power, gas and water grids.
Infrascape 2015 – The year 2015 looks very promising…
The year 2015 looks very promising for the entire Indian infrastructure sector. Some major government initiatives like the announcement of 100 smart cities, Make in India campaign, promotion of tourism in India and now the proposed Served from India campaign - are all extremely positive for the sector and are sure to drive long term growth.
Versatile Road Sweeper
It is highly essential to keep the roads and roadsides spic and span. Cleaner roads are safer roads. Maintaining a clean road involves the removal of litter and removal of leaves from the roads.
Mutual benefits
China´s interest in supporting development of the infrastructure sector in India will lead to a win-win situation for both the economies, says Prabodh Thakker, President, Indian Merchant´s Chamber. Excerpts China is keen to finance India´s infra development plan.