Did you know that Dilip Buildcon Ltd (DBL) is currently the largest private-sector, road-focused EPC player in the country, executing projects worth over Rs 6,000 crore? What´s more, DBL is the fastest growing infrastructure development company
The change of guard at the Centre bodes well for the roads and highways sector. During its last tenure, the NDA government had built close to half of India´s national highway network that has come up in the past 32 years.
The problem with solutions is that solutions need to be measured for effectiveness of resolution. When solutions are taken as gospel answers, problems do not disappear. They remain and lurk in the shadows. Green ratings are similar solutions that seem like gospel answers to the energy guzzle by high rises.
Under Nitin Gadkari´s guidance, the rural development ministry is now drawing up plans to spend Rs 3.45 lakh crore to build nearly 30 million houses for the homeless by 2022 under the National Gramin Awaas Mission.
With the Government rolling out Rs 2 lakh crore worth of infrastructure projects and a vision to provide housing for all by 2022, opportunities are on the rise for vendors, suppliers and manufacturers of construction machinery, equipment and building materials.
The Nitin Gadkari-led rural development ministry has plans to spend Rs 3.45 lakh crore to build nearly 30 mn houses for the homeless by 2022 under the National Gramin Awaas Mission. The nearly Rs 50,000 crore a year programme seeks to turn Prime Minister Narendra Modi´s vision of housing for all into reality.
India is in the spotlight with the new government assuming power at the Centre. Under Narendra Modi´s leadership, the Indian economy is expected to grow faster. CW highlights some ministers who will play a significant role in taking the construction sector into the fast lane.
We are not out of the woods yet. Eight core sectors - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity - slowed to 1.1 per cent in July after a growth of 3 per cent in June, mainly on account of low expansion in coal output and contraction in steel, crude oil and natural gas production, all hinting at weakness in industrial recovery.