PROJECT INDIA

Elections are back but so is the smog and the end of the year. Some collateral benefits or features of elections include rapid decision-making, rapid project execution, timely payments, brisk purchase of materials and equipment due to release of liquidity, increase in cash transactions and so on. While construction of the Ram Mandir will be […]

The toasts of construction

The construction industry could not have asked for a more integrated play than the one witnessed at the INDIA CONSTRUCTION FESTIVAL (ICF) on October 24-25 in New Delhi. Needless to say, the CEOs of construction companies are a hard-working lot and getting them to come together needs more precision than a BIM programme can offer! Vinayak Deshpande, Managing […]

The Pacesetters

Union Minister Nitin Gadkari is a man in a hurry. Recently, he announced the Rs 1-trillion Mumbai-Delhi Expressway, which will connect India’s two most backward districts, Mewat (Haryana) and Dahod (Gujarat). With this, the travel time will reduce from the current 24 hours to 12 hours. The first tender for the project worth Rs 440 […]

Quality over quantity

Oil, the single biggest factor that helped the government manage the fiscal deficit, has climbed from its advantageous position to well over $75. Even as GST is gaining stability, the E-way bill has caused feathers to be ruffled again. Not only are small companies having to contend with compliance changes a bit too often, there […]

The sustainability challenge

Indian architecture has been decorated with its crown jewel BV Doshi being honoured with the Pritzker Prize, making him the first Indian ever to have received this honour. Charles-Édouard Jeanneret, known as Le Corbusier, was a Swiss-French architect, designer, painter, urban planner and writer, and a pioneer of what is now called modern architecture. In […]

Building Smart

According to McKinsey, construction holds the dubious honour of having the lowest productivity gains of any industry. The reasons attributed to this include continued use of labour instead of technology; lack of consolidation; and the fact that builders are still averse to using technology even though architects increasingly espouse it. Technology is becoming key: The […]

The construction ban is justified

The Nikkei India Manufacturing Purchasing Managers’ Index for July was at its lowest in the past eight years and demand took a deep dive owing to GST adjustments. By the deadline of August 25, over 36 lakh businesses had filed their GST returns. The overall impact is indicated to be an upswing of 16.6 per […]

Brace for impact!

Nagpur has been in the news ever since the political capital shifted under the current regime. All roads now lead to this ‘orange’ city which has always been a ‘capital in waiting’. The 710-km road that recently invited controversy was the Rs 46,000-crore Mumbai-Nagpur Expressway, which revised its invitation for bids with a supplementary advertisement […]

Win some, lose some

The balance between social good and infrastructural development is a delicate one. A citizen has a constitutional right to be provided basic amenities but the nation has limited resources, further constrained by a poor administrative system of collection of revenues, making it necessary to depend upon private investment. Private investment has to serve the profit […]

The tide is turning

There is finally good news on the economic front. Projects commissioned in the country reached a record high of Rs 4.6 lakh crore in FY2016, according to CMIE. This is the highest-ever commissioning of projects in a year and represents a 12 per cent increase over Rs 4 lakh crore in FY2015. The stock of […]