Neerav Parmar has taken over as the Chairman of Builders´ Association of India (BAI), Mumbai Centre for 2014-15. Prior to this, he was the Secretary of BAI Mumbai Centre for 2010-11, 2011-12 and Vice Chairman for 2012-13 and 2013-14.
The Mumbai City Surveillance was a breakthrough project for the Smart World Communications business vertical of L&T Construction that involved the design, development, implementation and operation and maintenance of around 6,000 CCTV cameras, including Fixed Boxes, PTZ and ANPR cameras, at over 1,500 locations spread across 400 sq km in the city.
2016 promises to be remembered as the year of demonetisation. Certainly, the initiative has slowed project execution and the growth momentum. Contractors have been busy, making arrangements on site to open bank accounts for workers and switching to online payments for petty supplies. Want of upfront cash has also slowed down the movement of goods.