Post-Pandemic Boom

13 Sep 2021 CW Team

Infrastructure is the backbone of the Indian economy and infrastructure development is key to the economic growth of our country. In 2019, Prime Minister Narendra Modi envisioned India as a $ 5 trillion economy, which would go on to become a global economic powerhouse by 2024-25. With this, India would become the third largest economy in the world. Fittingly, in this year’s Budget, the Government has given a huge emphasis to infrastructure aimed at achieving this goal.

While India has been working towards this phenomenal pace of economic growth and formulating growth strategies accordingly, nobody could have anticipated the COVID-19 pandemic, which emerged as the single biggest challenge in the history of the global economy. The construction industry, which represents 13 per cent of global GDP, has been significantly affected by the crisis. With the construction industry being interrelated, complex and collaborative, the resultant disruption of global supply chains and workforce adversely impacted the cost and schedule of infrastructure projects during the pandemic.

In this article, Amol Rodrigues, Director of Business Development-South Asia, Louis Berger, shares his perspective on whether COVID-19 could be the catalyst for digital adoption in the construction industry in India.

Click here to know more…

Real Estate

07 Aug 2026

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..