June Infrastructure Output Slows Significantly

02 Aug 2024 CW Team

India's infrastructure output growth in June 2024 reached its slowest pace in nearly two years, reflecting a significant deceleration in the sector's expansion. The growth rate slowed to just 3.5%, down from previous months, raising concerns about the impact on the overall economy.

The slowdown is attributed to reduced activity in key sectors such as construction, steel, and cement. These sectors have historically been crucial drivers of infrastructure development and economic growth. The decline in growth is also linked to delays in project execution and slower-than-expected investment inflows.

Despite a robust performance in earlier months, the recent dip highlights challenges in sustaining momentum. Factors such as logistical issues, regulatory hurdles, and fluctuating demand have contributed to the current scenario.

The slower growth in infrastructure output could affect broader economic indicators, including employment and industrial production. Policymakers and industry stakeholders are closely monitoring the situation to implement strategies that could reinvigorate the sector and ensure a more balanced growth trajectory moving forward.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..