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1.US$ 970 mn PE inflows in retail hit five-year high in 2019

Reports a 19% share of the total US$ 5 bn in overall Indian real estate


2.Railways Capex for 2020-21 pegged at all time high

Target of new lines, gauge conversion and doubling/tripling for 2020-21 is 3,750 route km against 3,150 in 2019-20


3.Tenders floated for redevelopment of Nagpur station at Rs.4.65 bn

The Indian Railways Station Development Corporation has floated tenders for redevelopment of the Nagpur railway station at Rs.4.65 bn.


4.MoU between India and the UK approved

The Union Cabinet has approved signing of the MoU between Indian Railways and the Department for International Development of the Government of the UK, for enabling energy self-sufficiency for Indian Railways.


5.India seeks investment from Singapore

The Indian Government has sought investment from Singapore for the newly launched National Infrastructure Pipeline (NIP), under which it aims to take up infrastructure development projects worth over Rs.102 tn.


6.From lives to livelihoods, solar powers opportunity for Indian households

A new report shows an overwhelming majority (94 per cent) of households with a solar home system (SHS) say it has led to quality of life improvements


7.Shortage of 12 lakh skilled welding professionals may derail the infra growth story

A number of infra project contractors are using welding and cutting operators from China, Russia and East European countries as India faces a shortage of skilled welding manpower.


8.Proposed Rs.105 trillion infrastructure investment a boon for construction companies in the medium term: ICRA

Indian infrastructure is likely to witness a massive increase in investment with a target of Rs.105 trillion to be spent over the next five years (FY2020-FY2025), according to ICRA.


9. Railways to offer manufacturing opportunities worth Rs.280 billion per year

Highlighting opportunities for the capital goods industry under ambitious construction projects such as high-speed rail and dedicated freight corridors, FICCI’s Capital Goods Committee has prepared a report on‘Opportunities for Capital Goods Industry with Indian Railways and Metros’


10.Certified Supplier

Placebo Fabtech gets RDSO approval to supply steel bridge girder for Indian Railways.


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