NHAI’s plan to diversify resource base

While the pandemic impacted most industry events across the globe in 2020, this one remained untouched.

India is among one of the key producers and consumers of steel pipes and tubes in the Asia-Pacific region. Growth in various end-use industries, especially oil & gas and water, is expected to further propel the demand for these products. By DR. RAMESH CHANDRA MANSUKHANI

Considering the spike in bills which commercial, industrial and residential consumers had faced recently, usage of solar, particularly the rooftop variety, has gained traction and is expected to grow further.

The coal industry is really at the crossroads today given the countervailing forces in the marketplace.

The new coal policy is a forward-looking measure that would result in monetising of a natural resource, feel experts. It has the potential of boosting technology-aided private investments in the coal sector while also enhancing market access of coal for the downstream industrial segments of power, steel and cement.

The Rs 20 trillion economic revival package announced on Monday by Prime Minister Narendra Modi ranks among the most substantial in the world relative to the country’s GDP. Of the five pillars identified to support the edifice of a New India, infrastructure forms the second pillar.

The extended lockdown to contain the COVID-19 pandemic, which has stalled traffic on the ground as in the air, is expected to heap enormous losses on infrastructure industries in both sectors.

Research and advisory firm CRISIL, has revised its growth outlook for India in FY2021 down to 1.8 per cent, from the 3.5 per cent estimated earlier, factoring the nationwide lockdown to stem the Covid-19 pandemic.