Infrastructure

Tourism infrastructure development will get high priority in Rajasthan where the government has already undertaken 83 projects in 2018-19, according to D B Gupta, the State’s Chief Secretary.

India needs to urgently build its technical textile or geotextile industry to cope with the massive infrastructure development and management of water resources amidst devastating inclement weather.

Private sector should exploit the potential of the Indian sanitation market, estimated at US$60 billion by 2021, said Parameswaran Iyer, Secretary, Ministry of Drinking Water and Sanitation.

Indian cities require US$5 billion a year to implement public-private partnership (PPP) model for municipal solid waste management (MSWM), said a joint study by ASSOCHAM-EY.

1. Delhi Metro Rail Corp Ltd has called tenders for Providing Rolling Stock on Lease Basis for Line-5 as part of  its major contracts, tenders  for which were called recently.

India and Indonesia need to upgrade current coastal vessel trade in the eastern Indian Ocean for which the two countries have initiated bilateral connectivity between the southern-most Indian islands and resource-rich northern Sumatra.

Chennai Metro seeks Supply, Installation, Integration, Testing, Commissioning of Smart Meters (Advanced metering infrastructure) with two-way communication technology (GPRS/RF Mesh) for monitor and control smart meter installed at CMRL Phase-1 stations.

Chennai Metro has called tender for Design, Supply/delivery, installation, testing, commissioning, (including integrated testing) operational acceptance and technical/maintenance support including training of personnel for Telecommunication Systems for CMRL Project Phase-1.

The passenger vehicle market in India is likely to reach about five million units in FY 2023 from 3.3 million units in FY18, clocking a compounded annual growth rate (CAGR) 7.7%, according to a recent ASSOCHAM-Roland Berger joint study.

Foreign investors are convinced of a certainty on return on investments from the Indian real estate which is also winning the confidence of banks following over 80% consolidation from the shakeup of positive but disruptive policies.