Try GOLD - Free

The Road To Growth 2020

Epc World

|

December 2019

Proactive measures, favorable policies and a renewed vigor to push the roads and highways sector is looking to create a mixed brew of opportunities in the year to come

The Road To Growth 2020

Faster decision making and stricter monitoring is the prime focus of the government for the implementation of the roads & highways projects in the country. In a recent review meeting at the National Highways Authority of India (NHAI) to review its projects across the country, Shri Nitin Gadkari, Union Minister for Road Transport & Highways and MSME re-emphasized on Prime Minister Shri Narendra Modi’s stress on the need for fast growth of infrastructure. The minister emphasized upon the pressing need to develop a positive, transparent, corruption-free working system with time-bound decision making.

He further stressed on the unacceptability of Delayed decisions ‘as they lead to colossal loss of time and resources, and add to the woes of people’. According to PIB reports, he further directed regional officers to be proactive in coordinating with district officials to fast track land acquisition and other such issues. The report further states how the Minister also talked about the need to bring down construction costs through new technology and innovative means.

He said, “There is enough availability of funds for construction of national highways through various sources including long term funding from banks. However, in order to improve the economic viability of projects, it is necessary to cut down construction costs by employing new materials, innovative technology, and by fast-tracking decision making to avoid associated cost - escalation. Shri Gadkari also stressed upon the need for performance audit and said that officials must ensure that the award and construction targets for the year are fully met.

NHAI’s GIS-based Plantation Monitoring System that assigns a unique digital address to each sapling planted on a national highway, making it possible to monitor its progress and NHAI’s online Toll Remittance Management System today.

MORE STORIES FROM Epc World

Epc World

Budget 2020: A Mixed Bag of Hits & Misses

While the Union Budget has brought in several reasons for India’s infrastructure and construction industry to cheer and applaud, voices from the market draw out mixed sentiments from the stakeholders. Veena Kurup writes…

time to read

7 mins

February 2020

Epc World

Tepid Demand: Awaiting Projects Execution

The industry has a tepid demand in 2019. However, towards the end of the year there were signs of revival and the industry is hopeful to clock 8-10 percent growth in FY2020-21. But, it all depends on how sooner the government’s projects are put on track.

time to read

8 mins

February 2020

Epc World

Epc World

We have lined up few capexes, the payback period are quite attractive

In FY19, our Satna cluster’s utilization levels were at 90 percent, says VIJAY AGGARWAL, Managing Director, Prism Johnson

time to read

5 mins

February 2020

Epc World

Epc World

Ready for Future: India's warehousing sector

The warehousing sector in India is at the threshold of a new era. From simple godowns and sheds it is evolving into an organised sector with highly automated warehouse mechanism catering to the distinctive needs of each industry.

time to read

4 mins

February 2020

Epc World

Epc World

Policy and regulatory push needed for logistics sector

After entering the spotlight in 2018, the logistics and warehousing sector had an average 2019 due to the overall economic slowdown and global headwinds.

time to read

5 mins

February 2020

Epc World

Epc World

Over the next decade, business opportunities in logistics and industrial parks are going to be robust - Dr. Niranjan Hiranandani CMD, Hiranandani Communities

As India’s new-age economy – including e-commerce and organized retail - morph into the larger quantum of growth, in sync with the same, we have seen commercial real estate throw up some surprises.

time to read

2 mins

February 2020

Epc World

Green Cement: A Step Closure to Sustainable Construction Green Cement

Cement is a strong binding agent or adhesive, which serves as the primary ingredient in concrete.

time to read

4 mins

February 2020

Epc World

Epc World

High-performance High-Speed Doors

High Performance Doors are automatic doors used for fast access between internal and external areas of buildings.

time to read

2 mins

February 2020

Epc World

Epc World

Komatsu, L&T and Scania reaffirm commitment to the CE Industry

Komatsu, Scania and L&T Construction Equipment (LTCEL) have put up a panoramic display of 19 machines, making it one of the most comprehensive displays of Construction, Earthmoving and Road Machinery.

time to read

1 mins

February 2020

Epc World

Addressing the Warehousing & Logistics Woes

Budget 2020 gave the warehousing and logistics sector the much-needed oxygen through monetary support and supportive policy measures, explores EPC World

time to read

7 mins

February 2020

Translate

Share

-
+

Change font size