The Uttarkashi Tunnel Collapse signals the risk to our Rs 100 trillion infrastructure investment says PRATAP PADODE The race to build infrastructure is, on one hand, connecting India, and on the other, building India. On both counts, while we stress pace, we ought to look at how we are connecting and how we are building...
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InvIT: A preferred vehicle crosses AUM of Rs 4 trillion
InVIT to be a mainstay to achieve National Infrastructure Pipeline The Government has aimed to monetise assets of more than Rs 6 trillion as per National Infrastructure Pipeline (NIP). InVIT (Infrastructure Investment Trust) will be a mainstay to achieve National Infrastructure Pipeline (NIP) targets for various government departments, explains Vijay Agrawal, Director, Equirus Capital Pvt...
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....
REC CMDs views coincide with ICF theme of infrastructure funding and nationbuilding
New Delhi, 12 October 2023 — At a point of time when the construction and infrastructure industries are witnessing unprecedented growth, the eagerly awaited 9th India Construction Festival is being held at Shangri La, New Delhi, on 12th October 2023. The grand event was organised by First Construction Council in collaboration with Construction World and Equipment...
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...
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...
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...
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...
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
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.