Sometimes when wisdom for arriving at a solution is available aplenty, the only things missing are the willingness and ability to act. On Thursday, September 13, the Congress Government finally decided to act.
The quarter ending September 2011, which also happened to be lean for construction activity, witnessed modest topline growth, but net profit took a severe beating amidst rising costs and hard-to-come new projects, according to Nitin Madkaikar, Economist, FIRST Infocentre.
India's cement production is likely to rise by 6.4 per cent this fiscal, following an estimated growth of 4.8 per cent in December-March 2013 quarter, Centre for Monitoring Indian Economy (CMIE) has said in its monthly review. CMIE said that cement production is likely to grow by 4.8 per cent between the December-March 2013 period.
For the past two years, corporate earnings were subdued, the real estate and construction sectors slowed down and the capex of the infra and manufacturing sectors took a beating.
Projects commissioned in the country reached a record high of Rs 4.6 lakh crore in FY2016, according to CMIE.
When the Modi Government came to power in 2014, there was an almost audible sigh of relief from the building and infrastructure sector. This was followed by a host of positive moves: The establishment of the National Investment and Infrastructure
India has the second largest road network in the world at 4.7 million km. Following a muted response for BOT projects in FY13 and FY14, the sector has witnessed a shift, with the NHAI moving towards the EPC or cash contract mode of bidding.
The ports and shipping industry plays a vital role in sustaining trade and commerce. India has 13 major ports and about 200 non-major ones. According to a recent IBEF report
The power sector is in full energy. And why not, considering the power ministry´s recent roll out of a Rs 10,000 crore project for the eight north eastern states. Although it ranks among the top sectors
All that glitters is not gold. A cliché perhaps, but appropriate for India´s Metro rail sector at present. While the industry celebrates announcements of metro projects in Ahmedabad, Vijayawada, Nagpur, Kochi, and so on
