Scarce water resources, rapid industrialisation, extensive agriculture and enormous waste volumes pose a great challenge to the country. IFAT India 2017, India's leading trade fair for water, sewage, reuse and recycling, was held at the Bombay Convention and Exhibition Centre in Mumbai from September 26-28, 2017.
Economic development and need for reliable power supply due to population growth have accelerated the demand for power in India. Further, growth in industrialisation and infrastructure development have resulted into demand for power and distribution transformers across the country.
Yes Bank has unveiled a Knowledge Report titled ‘Redefining Indian Infrastructure’. The report reviews the current infrastructure set up and identifies key gaps that need to be plugged if India is to maintain its economic growth momentum.
The construction industry is a major contributor towards India´s GDP, both directly and indirectly. Providing employment to 33 million people, the sector has strong linkages to various other industries such as cement, steel, technology, skill-enhancement, etc.
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.
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
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.
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.