EXCON 2019 – South Asia’s largest construction equipment and construction technology trade fair organised by the Confederation of Indian Industry (CII) will demonstrate the role of smart technologies and next gen construction equipment in accelerating the growth of infrastructure in the country
As reported, Wipro Infrastructure Engineering’s (WIN) aerospace front has started the construction of its second plant in Bengaluru, which is also set to be home to the Aerostructure Machining and Surface Treatment Lines for aerospace components.
Paving the way for Doddabommasandra in north Bengaluru to turn into a smart locality, Bruhat Bengaluru Mahanagara Palike will soon provide details of 250 locations in the ward, where it plans to install smart streetlights.
Logistics leasing in the country has recorded a growth of 31 per cent on a yearly basis, crossing 13 million sq ft, as per a CBRE South Asia report titled ‘India Industrial and Logistics Market View, H1 2019’. Mumbai, Chennai and Bengaluru accounted for more than 60 per cent of the leasing activity
Mumbai alone has about 5 lakh vacant houses, followed by Delhi and Bengaluru at 3 lakh, Pune and Ahmedabad at 2 lakh, Jaipur at 1.2 lakh, Hyderabad at 1 lakh, Kolkata at 80,000, Bhopal and Gurugram at 75,000, Lucknow at 65,000 and Ghaziabad at 55,000, as per the Knight Frank report.