+
443 Infrastructure Projects in India Face Rs 4.92 Tn Cost Overrun in February
ECONOMY & POLICY

443 Infrastructure Projects in India Face Rs 4.92 Tn Cost Overrun in February

In February, 443 infrastructure projects across India experienced cost overruns totaling Rs 4.92 trillion, highlighting significant challenges in project execution and financial management. These cost escalations underscore the complexities and hurdles faced by the infrastructure sector, impacting timelines and budgets.

The cost overruns in infrastructure projects indicate various factors contributing to delays and increased expenditure, including land acquisition issues, regulatory hurdles, and delays in project approvals. Addressing these challenges is essential to ensuring the timely completion and cost-effectiveness of critical infrastructure projects.

Efforts to streamline project management practices, improve coordination among stakeholders, and enhance transparency in project execution are crucial to mitigating cost overruns and optimising infrastructure investments. Proactive measures and robust governance mechanisms are necessary to minimise financial risks and maximise the impact of infrastructure development initiatives.

Overall, the prevalence of cost overruns in infrastructure projects underscores the need for comprehensive strategies to address underlying issues and improve project delivery outcomes. By addressing challenges effectively, India can unlock the full potential of its infrastructure sector to drive economic growth, enhance connectivity, and improve quality of life for its citizens.

In February, 443 infrastructure projects across India experienced cost overruns totaling Rs 4.92 trillion, highlighting significant challenges in project execution and financial management. These cost escalations underscore the complexities and hurdles faced by the infrastructure sector, impacting timelines and budgets. The cost overruns in infrastructure projects indicate various factors contributing to delays and increased expenditure, including land acquisition issues, regulatory hurdles, and delays in project approvals. Addressing these challenges is essential to ensuring the timely completion and cost-effectiveness of critical infrastructure projects. Efforts to streamline project management practices, improve coordination among stakeholders, and enhance transparency in project execution are crucial to mitigating cost overruns and optimising infrastructure investments. Proactive measures and robust governance mechanisms are necessary to minimise financial risks and maximise the impact of infrastructure development initiatives. Overall, the prevalence of cost overruns in infrastructure projects underscores the need for comprehensive strategies to address underlying issues and improve project delivery outcomes. By addressing challenges effectively, India can unlock the full potential of its infrastructure sector to drive economic growth, enhance connectivity, and improve quality of life for its citizens.

Next Story
Building Material

Viva ACP Launches Experience Centre in Nashik

Viva ACP, one of Asia’s leading manufacturers of Metal Composite Panels (MCP), has unveiled a new state-of-the-art Experience Centre in Nashik. Situated at Plot No. 10, Kathe Industrial Estate, Tigrania Road, Dwarka, the centre aims to make Viva’s premium cladding solutions more accessible to architects, developers, and design professionals in Western India. The centre was formally inaugurated by Prakash Jain, Chairman and Managing Director, Viva Composite Panel, along with Nitin Jain and Mayank Jain, Directors at the company. Conceptualised as an interactive and immersive space,..

Next Story
Technology

Hikrobot Launches HDMI Video Micro System in India

India, July 2025: Hikrobot has introduced its HDMI Video Micro System in the Indian market, offering a plug-and-play imaging solution that combines 2K high-definition clarity, real-time streaming, and portability. The system is designed for professionals in sectors such as industrial inspection, medical research, forensic science, education, and precision manufacturing. Unlike traditional imaging setups that require external PCs and complex software, the Hikrobot HDMI Video Micro System provides direct output to an HDMI display, eliminating setup complications and improving usability.&nbs..

Next Story
Real Estate

Stone Wood Hotels Appoints Shishir Kumar Jena as CFO

Stone Wood Hotels & Resorts has announced the appointment of Shishir Kumar Jena as Chief Financial Officer. This key leadership move aligns with the boutique hospitality group’s ongoing national expansion. Shishir Kumar Jena brings over 32 years of experience in hospitality finance, having held senior positions with renowned brands such as Acron, Radisson, and Fortune Inn Exotica. His expertise spans financial strategy, operational efficiency, revenue optimisation, and aligning financial performance with guest satisfaction. Throughout his career, Jena has maintained a consisten..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?