In order to consolidate and accommodate this mass migration, the Government of India has undertaken several initiatives which have given a way to the mega projects, nucleated around the development of industrial clusters, connectivity and increasing India's exports.
Tag: transportation
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Three logistics parks to come up in Ludhiana
Three mega logistics parks- multi-modal logistic park by Adani Group, one by Punjab Logistics Infrastructure and one by Punjab State Warehousing Corporation- would be set up near Kila Raipur village of Ludhiana.
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Odisha govt to set up riverine port on river Mahanadi
High-level clearance authority (HLCA) allowed four major port developing agencies to participate in the financial bidding for a riverine port on Mahanadi River in Kendrapada district on Public Private Partnership (PPP) mode.
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We will require 80,000 direct and 1.25 lakh indirect skilled workforce
For instance, out of the 111 identified National Waterways, 106 were conceived in 2016 alone. An assertive Nutan Guha Biswas, Chairperson, Inland Waterways Authority of India (IWAI) is confident that the statutory agency will continue to exceed its performance in 2018.
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4th Smart Cities Summit 2017
With projects off the ground, the recently held summit focused on transportation, PPP, planning future cities, water and wastewater, IoT and energy.
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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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Bahri expands India presence with new Mumbai office
Bahri, a global leader in logistics and transportation, has opened a new office in Mumbai to strengthen its presence in the fast-growing Indian maritime industry and lay the foundation to offer diverse shipping services to domestic customers.
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ABB India Ltd posts 54percent order growth in 2016
ABB India has posted its biggest growth in orders in recent years. The investments in power transmission based on cutting edge technology, renewables, increased spend in infrastructure & transportation provided ABB India ample opportunities.
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The playing field for the housing sector has been levelled
As India´s urban population goes up from 26 to 51 per cent in a decade, the need for upgrading urban infrastructure is most acute here. China has caught up in the past six years. Indian infra requirements include budget housing, road infrastructure, bridges, flyovers and underpasses to connect small towns to cities and then to the metros.
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With the conducive environment, investor confidence will go up
Infrastructure is the backbone of any economy. But good infrastructure development needs good planning. Lack of planning is the biggest problem. China in comparison to India has shown better planning and flexibility while executing infrastructure projects. India has lagged behind due to its political system and populist outlook.