The infrastructure and construction industry is rapidly growing in India
Real Estate

The infrastructure and construction industry is rapidly growing in India

Besides introducing an organic range at bauma CONEXPO 2018, Armin Tavakoli, Managing Director MENA & India, Husqvarna Construction, tells us about Atlas Copco’s acquisition, hinting at the introduction of orange-coloured light compaction products in 2019.  One pathbreakin...

Besides introducing an organic range at bauma CONEXPO 2018, Armin Tavakoli, Managing Director MENA & India, Husqvarna Construction, tells us about Atlas Copco’s acquisition, hinting at the introduction of orange-coloured light compaction products in 2019.  One pathbreaking offering: We have a state-of-the-art leading software that makes our machines easier and intuitive to use. Besides, our company is focussing on digitalisation, where we are slowly launching fleet management in many countries. This is going to be a key aspect in the India market as the infrastructure and construction industry is rapidly growing . Demand drivers in 2019: I think the infrastructure and residential sectors will see the biggest demand with our products. And now, with our acquisition of Atlas Copco, we can engage with our customers much earlier in the value chain with a new construction.  Announcement contributing to the company’s growth in 2018: We made two large acquisitions in 2018, one being Atlas Copco and the other HTC. This has increased our addressable market and made us a world leader in terms of concrete surfaces and floors.  Challenge for the company in 2019: The challenge for us is how fast we can ramp up in terms of people, knowledge on the market and our presence across India. Key strategy to success in 2019: We are best in class when it comes to after-sales support. In terms of product quality and performance, I think we can guarantee that we have the best products in the world.  Recommendation for growth of the construction equipment market: The capability of financing and being able to affect the business while minimising risk is always a challenge. This is a major challenge for many multinationals coming into the India market, where they see a lot of risk.  

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Infrastructure Transport

Leh Airport Goes Green

Leh Kushok Bakula Rinpoche Airport is set to become India’s first airport powered by geothermal and solar energy, marking a significant milestone in sustainable aviation. This initiative, undertaken at an estimated cost of Rs 6.50 billion, aligns with efforts to transform Ladakh into a carbon-neutral region. With airports being major energy consumers, this project represents a crucial step toward reducing carbon emissions in aviation infrastructure.  The airport’s innovative approach involves replacing conventional air-conditioning systems with underfloor heating using geothermal..

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Infrastructure Urban

CCI Clears Tata Sons' Additional Stake Buy in Tata Play from Baytree

The Competition Commission of India has approved the acquisition of certain additional shareholding in Tata Play (Tata Play) by Tata Sons (Tata Sons) from Baytree Investments (Mauritius).The Proposed Combination involves the acquisition of 10% shareholding in Tata Play by Tata Sons.Tata Sons is an investment holding company, which is registered as a core investment company with the Reserve Bank of India and classified as a “Systemically Important Non-Deposit Taking Core Investment Company”.Tata Play, formerly known as Tata Sky, is one of India’s leading content distribution platforms pro..

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Infrastructure Urban

DARPG Releases 31st CPGRAMS Report for February 2025

The Department of Administrative Reforms and Public Grievances (DARPG) has released the 31st monthly report on the Centralised Public Grievance Redress and Monitoring System (CPGRAMS) for States and Union Territories (UTs) for February 2025. The report provides insights into the volume of grievances received, disposal rates, and major grievance categories across different states and UTs. Key Highlights from the Report Grievance Statistics: A total of 52,464 grievances were received in February 2025. 50,088 grievances were redressed during the month. As of 28th February 2025, the total pen..

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