Tuesday, September 8, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP InternationalTrade Show
Fiinews
No Result
View All Result
Home Industry Sectors

Set dedicated goal for infra development, says Gen. Singh

Fiinews by Fiinews
January 14, 2020
in Industry Sectors, Infrastructure, Investment, Projects, Roads
Reading Time: 2 mins read
A A
0
F4
0
SHARES
13
VIEWS
LinkedinShare on Twitter

Use of drones for DPRs suggested

 

PHD Chamber.

 

A long-term goal dedicated to the infrastructure sector will have a corresponding long-term impact on the Indian economy, said Minister of State, Ministry of Road Transport and Highways, General Dr V.K. Singh (Retd).


Addressing the Infrastructure Conclave 2019 organized by the PHD Chamber of Commerce and Industry on 7 Nov 2019 in New Delhi, Gen Singh said
infrastructure plays a pivotal role in shaping the economy.

The industry can become stronger if land allocation processes are sped up, thus reducing costs of roads and highways, he added.

The General stressed on implementing the latest technology so that we get faster, cheaper and better connectivity.

The Ministry is streamlining the rules for Detailed Project Reports (DPRs) in infrastructure projects and will invite the industry in creating way side amenities in national highways and expressways.

Addressing the dignitaries, PHD Chamber President Dr D.K. Aggarwal added that the Infrastructure industry is the lifeline of any country’s economy and India needs to focus on this sector to attain the goal of becoming a US$5 trillion economy by 2024-25.

Though the government plans to spend around Rs.100 lakh crores in the next five years in this sector, there is a need to revive private investment to attract Foreign Direct Investments, he pointed out.

Project clearances should take lesser time and appropriate financing mechanisms are needed to be developed so that it will ensure efficient project management, he added.

In a way to cut costs and get to the ground realities, drones can be used for making DPRs as it will ensure appropriate outputs of planning and design phase of a project, suggested Ashish Wig, Chairman, Infrastructure Development Committee, PHD Chamber.

The Infrastructure Conclave, 2019 “Challenges & Way Forward”, provided a platform to all stakeholders of the Road Transport and Highways industry to explore the viability of the policy changes and to discuss suggestions for exponential transformation and growth of the infrastructure sector. Fiinews.com

Tags: Ministry of Road Transport and Highways
ShareTweetShare

Related Posts

Tata AIA
Investment

Invest: Tata AIA Fund outperforms S&P BSE 200

by Fiinews
September 8, 2026
0
13

Long-term investor should stay the course through multiple market cycles, says Patel The Tata AIA Top 200 Fund, an actively...

PIB
Projects

Project: Ministers focused on space sector

by Fiinews
September 8, 2026
0
16

State Visit by the Grand Duke and Grand Duchess of Luxembourg to India proposed Luxembourg Minister of Economy, SME, Energy...

Avaali

Project: Avaali solution goes alive at NTPC

September 7, 2026
13
PIB

Project: Indore Priority Corridor–2 inaugurated

September 7, 2026
14
KRAFTON

Invest: KRAFTON reaffirms commitment to India

September 5, 2026
14
RF CNES

Project: France keen to deepen space cooperation

September 5, 2026
15
SBI YONO
Upits 2026 brochure 062026 pdf

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Manufacturing: Approved ‘BioE3’of Biotechnology Dept

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Manufacture: RPEL-TRL’s silica facility in Odisha
  • Invest: Tata AIA Fund outperforms S&P BSE 200
  • Market: IICS set to see greater demands for cargo
  • Project: Ministers focused on space sector
  • Manufacture: DAC clears acquisition proposals

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
  • UP International

© 2024 FIINEWS - Design and developed by 7clicksmedia.