The Indian composites industry, also known as fibre reinforced plastics industry, is set to mark a double-digit growth by 2021, says a Report ‘Indian Composites Industry Outlook: 2018-2023’ launched by the FRP Institute, an apex trade body of the Indian composites industry.
The Kandla Port Trust (KPT) will proposedly build waterways in Tapi and Narmada rivers in Gujarat. The Inland Waterways Authority of India is in the process of finalising the detailed project reports for the development of the waterways.
“The increase in the outlay on rural infrastructure is one positive feature. However, there were more expectations in terms of encouragement or need for incentivising the house building activity. ‘Housing for All’ is already a focus area of the government. It has already done 5.1 million homes in rural India.
The Ministry of Shipping has agreed to fund a river port at Sonamura sub-division of west Tripura, connecting River Gomati of Tripura with River Meghna of Bangladesh, with the approval of Inland Waterways Authority of India.