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.
Tag: Roads
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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.
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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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Aren’t we forgetting something here?
The Economic Intelligence Unit, based on a report on the 'Safe Cities Index 2017,' said the global economy is projected to grow at about 2.9 per cent in 2017 as against 2.3 per cent in 2016. The report also cited India to continue to grow at over 7 per cent over the next decade.
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India to be the fastest growing market for project managers | Global PMI Study
A new Anderson Economic Group (AEG) analysis commissioned by the Project Management Institute (PMI) finds the project management profession will outperform total global job growth over the next decade, creating millions of new positions in India that pay highly-competitive wages.
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We will invest Rs.7,000 crore in port expansion
We have designed this port for the future, keeping in mind the volumes of inbound and outbound trade (that) is likely to happen. Our plan is to bring a Valemax-size vessel which can carry 400 thousand tonnes of iron.
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Infrastructure sector sees deals worth $3.49 billion in FY17
The infrastructure sector raised a total of $3.49 billion across 33 transactions in FY17 compared with $2.98 billion raised in 31 transactions in FY16, highlighting the growing number of deals in the sector, according to data from investment bank Equirus Capital.
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Afordable housing has big-ticket opportunities
Low-cost housing is a volume business. Private companies would be interested in this business only when there is scale. The intention of the government to give this sector infra status is to offer access to low-cost funding for the sector.
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Rs.2,41,000 cr for transport infra in Union Budget
The Union Budget has allocated Rs 2,41,000 crore for the transportation sector. ´For transportation sector as a whole, including rail, roads, shipping, I have provided Rs 241,387 crore in 2017-18,´ Finance Minister Arun Jaitley said while presenting the Union Budget 2017-18 in the Lok Sabha.