1.Transit Retail opportunity projected to see manifold growth by 2030 to US$ 21.6 bn

The total retail opportunity across various transport hubs in India, such as airports, highways and bus stations, metro, railways, will grow manifold in new decade, projects Knight Frank India, in its latest study titled ‘Catch Them Moving’, Report on Transit Retail.

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2.National Logistics Policy to soon be released

Policy to create a single window e- logistics market

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3.Infra slowly getting into action with Budget 2020: CW

Rs 1.70 tn is being allocated for transport infra in the Union Budget 2020-21

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4.Budget 2020 will ensure an integrated development of both infra and realty sectors

The allocation of Rs 100 trillion for infrastructure development in the next five years is a move in the positive direction.

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5.Budget proposes Rs 220 billion for power and renewable energy sector in 2020-21

Expansion of national gas grid from the present 16,200 km to 27,000 km has been proposed.

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6.Construction equipment: 40% increase in sales

Centre to invest Rs 17 trillion for the road sector within five years

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7.Patna to construct a transport campus worth Rs 1.64 billion near the airport

As reported, at an estimated cost of Rs 1.64 billion, the Bihar Government has planned to construct a transport complex at a location close to the Patna Airport – in Phulwarisharif

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8.New bids invited for airports in North East as part of UDAN scheme

As reported, under the UDAN (Ude Desh ka Aam Nagrik) scheme introduced by the government with the aim of creating better means of regional air connectivity, the Ministry of Civil Aviation has invited bids for six underserved and 24 unserved airports or airstrips in the North East region of India.

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9.UDAN: 11 airports in Jammu, 2 in Ladakh for bidding

Additional VGF offered for priority sectors under UDAN 4.0

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10.Infra Push Drives Equipment Demand

Rajesh Nath and Ajmal Fawad write on the infrastructure market trend and the contributions of German equipment manufacturers.

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