The 15th Municipalika Exhibition and Conference in Mumbai is expanding as a 360 degrees event on city development, with the addition of Construction, Architecture and Planning Exhibition (CAPEx) and India International Property Mart (IIPM) – the first-of-its-kind B2B forum for real estate.
With the Narendra Modi Government proposing to award Rs 500,000 crore worth of highway contracts in the last two years of its tenure, road construction companies are upbeat about the upcoming opportunities, which will span India.
An improvement in mining and electricity in the Index of Industrial Production (IIP) for March 2016 could hint at a rebound in industrial activity.Experts say that with surplus coal available and a comfortable power supply situation, there could be a room for growth in these sectors
Raising expectations of a recovery, August factory output hit a near-three-year high of 6.4 per cent on the back of a strong manufacturing sector performance. The Index of Industrial Production (IIP) had expanded a mere 0.5 per cent in August last year.
Jas the Indian economy suddenly gained momentum? The revision in the way GDP is calculated - with a change in the base year and a ´value-added´ way to measure output - has seen a swell in growth from around 5 per cent just a year ago to 7.3 per cent in FY15.
NH Inter-connectivity National Highway Inter-connectivity Improvement Project (NHIIP) will be funded by the World Bank. India has recently signed a US$ 500 mn loan agreement with the World Bank to fund this project.