India’s infrastructure push will be among the largest in the 21st century
ECONOMY & POLICY

India’s infrastructure push will be among the largest in the 21st century

India is likely to see implementation of one of the biggest infrastructure programmes in the 21st Century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to the 'KPMG 2024 Infrastructure and Transport CEO Outlook' report.

The report, which comes in the backdrop of India emerging as the world's fastest-growing major economy fuelled by government expenditure on big ticket projects in the highways, seaports, airports and railways sectors, says that steps to unlock foreign and domestic capital via innovative financial structures and facilitating ease of investments will be vital. It says a survey of 120 sector leaders from across the world found that CEOs in the infrastructure and transportation sector anticipate business growth over the next three years, in terms of earnings and headcount.

According to it, 63 per cent of these CEOs expect earnings to grow by over 2.5 per cent over the next three years but they are concerned about the impact of AI and other new technologies

India is likely to see implementation of one of the biggest infrastructure programmes in the 21st Century, amongst the largest economies and creating fiscal sources of capital would be key to this initiative, according to the 'KPMG 2024 Infrastructure and Transport CEO Outlook' report. The report, which comes in the backdrop of India emerging as the world's fastest-growing major economy fuelled by government expenditure on big ticket projects in the highways, seaports, airports and railways sectors, says that steps to unlock foreign and domestic capital via innovative financial structures and facilitating ease of investments will be vital. It says a survey of 120 sector leaders from across the world found that CEOs in the infrastructure and transportation sector anticipate business growth over the next three years, in terms of earnings and headcount. According to it, 63 per cent of these CEOs expect earnings to grow by over 2.5 per cent over the next three years but they are concerned about the impact of AI and other new technologies

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Real Estate

Rethinking Slum Development

In July 2024, the Supreme Court directed the Bombay High Court to initiate suo motu proceedings to evaluate the implementation of the Maharashtra Slum Area (Improvement, Clearance and Redevelopment) Act.During the ensuing proceedings, the Division Bench of Justices expressed concern about the plight of slum dwellers, saying, “Merely because you are a slum dweller doesn’t mean that you are left to the discretion of developers. They end up with a pittance.” The Bench also noted that the buildings allocated to slum dwellers were akin to “vertical slums”. “The buildings are congested. ..

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Real Estate

Ring in the New!

Lighting:OLED (organic light emitting diode) panels such as those by Philips are the latest option in soft lighting fixtures that can be embedded into walls, ceilings or furniture, says Nilesh Sawant, Principal Architect, Nilesh Sawant Architect. “Being thin and flexible, they lend themselves well to different applications while delivering the energy-efficiency associated with LED technology.”And Sapna Aggarwal, Founder, ANSA Architecture & Interiors, says “Embedded light-emitting diodes can create a dreamy illumination, while dimmable LEDs are useful for allowing..

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Infrastructure Urban

Jhansi Library

The Jhansi Library, commissioned by the Jhansi Development Authority (JDA) under the Jhansi Smart City initiative and built by Bootes Impex, a net-zero construction-tech company. It is the first library in Asia to achieve EDGE (Excellence in Design for Greater Efficiencies) certification from the International Finance Corporation (IFC), a member of the World Bank Group. This milestone marks the library as India’s first and only net-zero library, aligning  with India’s Net-Zero Vision 2070.Sustainable designDeepak Rai, Managing Director, Bootes Impex, explains, “The project's vision ..

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