FICCI's infrastructure summit in New Delhi, marked by large participation from all sectors, did not witness remarkable announcements, but for the reiteration that infrastructure is likely to miss the 11th Plan target by more than 10 per cent.
With a stable government in place, the equipment industry is hopeful of a speedy revival. The slowdown in infrastructure development, a major driver for the construction equipment industry, had resulted in reduced demand in recent years.
The Maharashtra Government plans to build 10 more business districts similar to the Bandra-Kurla Complex in Mumbai, besides building highways and railways like those in Japan (or China) and elevated corridors to cut through congestion. The