´Cautiously optimistic´ is the best way to describe the outlook for the paints and coatings sector for the near term while the overall, long-term outlook is positive. Globally, the paint industry is equally made up of decorative products and industrial coatings.
For starters, just take a look at these facts and figures: In the past decade, Rs 99,805 crore has been invested in infrastructure in Gujarat, and the investment planned for the next decade is Rs 1,180,912.
Haryana is often portrayed as a model industrial state due to the emergence of its new urban centres like Sonepat, Gurgaon, Faridabad and Panchkula. Rapid industrialisation and easier land acquisition has made this state a favourite investment
While numerous developers are expanding their business by foraying into various segments of the real estate industry across India such as IT, retail and hospitality, the Siddha Group continues to lay emphasis on developing 'low cost' residential projects.
In a move to promote industrialisation in the North Eastern region, the Union government on August 13 approved Rs 86.09 crore subsidy to Adhunik Cements in Meghalaya. The subsidy has been cleared to the company under the Central Capital Investment Subsidy Scheme (CCISS), 2007 of the North East Industrial and Investment Promotion Policy (NEIIPP), 2007, an official release said.
To help industrialisation in West Bengal, the State government will improve road connectivity by widening nearly 4,000 km of State highways, said the State Commerce and Industries Minister Partha Chatterjee. Widening of around 1,000-km State highway is likely to be completed this year, he added.
The Indian construction industry holds promise of enormous growth potential on account of rapid industrialisation and economic development arising from the rising public expectation of an improved quality of life. However, India´s economic growth slowed down in 2012-2013 to 5.1 per cent, the lowest in a decade, owing to the global economic slowdown, inadequate infrastructure, sluggish investment growth and policy paralysis. The decline in the construction sector, the second largest after agricul
At present, there are over 170 Swedish JVs or wholly owned subsidiaries in India. Swedish companies like SKF, Atlas Copco, Volvo and ABB are established entities that are steadily expanding their footprint in India.