Prime Minister Narendra Modi recently announced the Government’s plan to chip in `100 lakh crore towards the creation of infrastructure in the country. On these lines, please share with us your opinion on the opportunities evolving from the infrastructure sector?
Hon’ble Prime Minister, Narendra Modi on his Independence Day address has announced that the government will invest ` 100 Lakh Crores on developing modern infrastructure in the next 5 years. This will go a long way in helping to double the size of the Indian economy to USD 5 Trillion by 2024. The government is planning to invest about ̀ 100 Lakh Crores in building modern ports, highways, railways, airports, urban infrastructure, hotels, education institutions, and other social infrastructures. Further, Hon’ble Finance Minister, Nirmala Sitharaman has announced about setting up a task force which would help in identifying viable infrastructure projects that can be started in 2019-20. The panel would also list the projects that can be included in the pipeline for the next 5 years. The above measure would unleash huge opportunities for the construction companies across all sectors and the companies would be able to quickly build up a large order book. The challenge for the construction companies is to rapidly scale up their execution capabilities so that they can effectively execute the large order books that are being anticipated owing to this landmark initiative.
Being a multi-faceted player contributing towards the infrastructure sector, point us out the growth factors benefiting your business operations? How has been the fiscal so far your company and outline few of the major achievements?
This story is from the December 2019 edition of Epc World.
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This story is from the December 2019 edition of Epc World.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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