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.
Despite the infrastructure 'boom', the industry has failed to adhere to the momentum expected from it in terms of project execution. Janaki Krishnamoorthi delves into the reasons behind this and discovers that corruption, lack of transparency and rigidity must be eradicated for India to live up to its potential.
Make no mistake; Gujarat is in the grip of an irresistible momentum, constantly buzzing with activity. From real estate and automobiles to infrastructure activities galore, the state promises to be a viable option for investors and developers in the country and abroad.