Engineering conglomerate Larsen & ToubroÂ’s construction arm has secured its single-biggest order worth Rs 5,250 crore from Qatar General Electricity and Water Corporation for power transmission and network expansion.
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.
Things are looking better for the country with the positive sentiment that we are seeing across the board. Serious efforts are evident to bring the economy back to a growth trajectory and get our GDP to the high levels it had scaled just a couple of years ago.