For India, transitioning from a $2.3 trillion economy to a $30 trillion economy by 2047 will need an incremental $20 trillion in urban economic output. India’s urban transformation is both a challenge and an opportunity, finds out Rakesh Rao, during his conversation with Clara Cutajar, Global Capital Projects & Infrastructure Leader, PwC; Jennifer Tay, Asia...
Tag: urbanisation
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Green Shoots of Project Finance!
A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...
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Supply chain drives growth for India’s logistics sector
The logistics sector has emerged as an asset in India’s real estate market Supply chain diversification will continue to create demand, leading to an increase in leasing activity. Demand centres would witness more robust leasing as several occupiers prefer to locate their warehouses closer to consumption hubs to reduce transportation costs, writes Anshuman Magazine, Chairman &...
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Constructive role of metro rails in India’s inclusive growth
The metro rail systems, also known as “Economic Growth Engines” The metro rail systems aka “Economic Growth Engines” play a prominent role in leveraging urbanisation for economic growth of the city and the suburbs, says U J M Rao, Managing Director, AP Metro Rail Corporation Ltd. In the world economy, India is positioned today, at 5th...
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India is on its way towards a growing world-class urbanisation
All set to stake claims to become world’s second largest rail network. Currently, there are 15 functioning metro rail systems in India with more than 800 km of operating metro lines. India is all set to add more than 1,000 km or metro rail connectivity by 2028, and thereby, stake claims to become the second...
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Importance of Mega Projects
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.
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Movers and Shakers
Urbanisation is an inexorable process as far as India is concerned. The future of India's growth lies in its cities, and a large chunk of our GDP will come from urban centres.
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Talks of realty price correction are highly speculative
What´s come as significant positives for the real estate sector are the announcements on affordable homes. One is the government according it infrastructure status, which means projects in that segment will be able to raise finance at a much lower cost.
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Building Logistics in India
Logistics infrastructure is a critical enabler of India's agenda for economic development and urbanisation. Recognising its pivotal role, the Indian government has tripled annual spending on logistics infrastructure over the past seven years.
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We have committed Rs.10,000 cr to Maharashtra´s port infrastructure projects
Maharashtra is the most industrialised state in the country and is one of the prime movers of India´s success story. Like a true leader, Maharashtra has been showing the way to emulate in fields varying from infrastructure to industrialisation and from education to research.