Consider this: A single rupee invested in construction and infrastructure generates opportunities worth Rs 10. In simple terms, this sector has the highest capital gearing ability, accounts for over 8 per cent of India's GDP, and generates huge employment opportunities. Wouldn't you agree that such an industry requires encouragement, motivation and, yes, appreciation?
When cement and steel meet champagne and silk, the result is magic. And gilding the magic was the camaraderie in the room, which came from a sense of fraternity and common purpose. Another rich addition to CW´s bank of memories built over the past 14 years, the CW Annual Awards constituted another step in the journey to bring the industry to centrestage, recognise achievements, and honour construction heroes.
Vinayak K Deshpande is one of the country´s leading infrastructure professionals with 30 years of work experience in various senior managerial roles across diverse industries. And, as a latest development, he received the award for the CONSTRUCTION WORLD Man of the Year 2016 - Private Sector at the 14th CW Annual Awards in Mumbai last month.
His biggest victory, he tells you, ´is being a people´s man´. This was evident as Vinayak Deshpande walked up the stage to receive his award with his team in the hall giving him a standing ovation, applauding and cheering with full energy. Deshpande has been instrumental in diversifying Tata Projects´ business in urban infrastructure into domains such as urban metro systems and high-rise buildings (read profile on page 174).
Seventeen winners, 300 attendees, and for the first time, the CW Annual Awards went live and recorded an online viewership of over 3,500 from India and across the world. This was the 14th Construction World Annual Awards 2016, organised on October 21st at Hotel Four Seasons in Mumbai.
RAGHAV CHANDRA Chairman, National Highways Authority of India (NHAI) Raghav Chandra has been at the helm of paving the roadways for India, and last month, he received the award for the CONSTRUCTION WORLD Man of the Year 2016 - Public Sector at the 14th CW Annual Awards in Mumbai.
The ´ease of doing business´ rankings released by the World Bank have indicated a minuscule improvement for India to a rank of 130 owing primarily to better points in ´starting a business´ and ´getting an electricity connection´.
In many ways, our future hangs in the balance or, shall we say, on razor´s edge. The current regime is driving the economic situation to assume global leadership but the engine needs to harness high doses of power to drag along the legacy burden. There is an intensive negative force waiting for the leadership to blink and miss. So, every moment is vital and each move subject to scrutiny
Dubbed the wunderkind of the tiles sector, Kajaria Ceramics is the largest manufacturer of ceramic or vitrified tiles in the country. It has an annual aggregate capacity of 43.60 million sq m, distributed across seven plants