The most tangible evidence of a nation’s progress is its infrastructure and that’s essentially what India lacked, which eventually hampered our growth rate and made us uncompetitive in terms of logistics cost.
While markets are still debating the revival of India’s capex cycle, particularly in the light of an absence of private capex, the measures announced in the Budget for 2018-19, particularly for the infrastructure sector, could lend some support.
Infrastructure companies have sought higher budgetary allocations to roads, rail, energy, metals and mining and, social infrastructure sectors in Budget 2019 besides enhanced fund raising schemes and market borrowings by state-run firms to revive the investment cycle.
India will need about $4.5 trillion in the next 25 years for infrastructure development, of which it will be able to garner about $3.9 trillion, the Economic Survey said.
India has an infrastructure deficit and the country needs to boost its domestic manufacturing, finance minister Arun Jaitley said on Tuesday.
Modi’s ambitious India infrastructure fund gets another boost; to jointly invest $3 billion with Dubai’s DP World
In a major boost to Prime Minister Narendra Modi’s ambitious National Investment & Infrastructure Fund, DP World Ltd., a Dubai-based port operator, has entered into a joint investment plan of up to $3 billion with the former.
Inadequate maintenance, infrastructure problems including ill-equipped offshore helidecks, lax regulation and lack of proper crew training at operators such as state-run Pawan Hans Helicopters bog down chopper operations in India.
From Bharatmala, Sagarmala to Railways, in 2018, Assets Recycling Critical For Infrastructure Growth
The irrepressible Nassim Taleb has coined the term ‘IYI, or Intellectual Yet Idiot’ to denote those prone to making lofty predictions, but without any skin in the game. Our company has 16 operational infrastructure assets in transport and energy sectors, and our complete skin is indeed in the game. Hence the following views, as a practitioner, on the outlook for 2018. These comments are for all infrastructure, not just for the small subset of PPP that gets disproportionate attention.
Finance Minister Arun Jaitley on Thursday emphasised the need to continue the momentum on infrastructure creation and expedite investment in railways to propel the Indian economy.
India’s logistics and supply chain sector is undergoing a big change as two moves by the government — goods & services tax (GST) and infrastructure status to the sector — have prompted many companies to invest more in the logistics sector, and hire the right talent to steer it.