Projects

The ASSOCHAM has expressed concern about Karnataka Government’s move to clamp a five-year ban building of apartments due to water crisis, citing its impact on the construction industry.

The Federation of Indian Export Organizations (FIEO) has urged the Government to provide a 200% tax deduction for Research and Development (R&D) investment and product innovation as the sector face long gestation activity with uncertainty.

FICCI President Sandip Somany has highlighted some of the key areas that the Government should consider in the third year of Goods and Services Tax (GST) implementation.

The Government is supporting a Rs.10,000 crore scheme for the electrification of public and shared transportation layout with the aim to have 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers during 2019-22.

The Indian food processing market is projected to reach Rs.50,571 billion by 2024, exhibiting a CAGR of 12.4% during 2019-2024. It was Rs.24,665 billion in 2018.

Investment Opportunity: With every passing year, the student housing segment is gaining ground among start-ups who want to expand the number of beds across India, writes Anuj Puri, Chairman - ANAROCK Property Consultants.

Expectations are running high and time is “RIPE” for India to boost its economy through Reforms, Investment, Proactive and Expansion over the next five years as the ruling government has been re-elected with strong mandate from the 2019 General Election.

The Government has accepted a report on reducing energy import by 10% by 2021-22 by boosting indigenous hydrocarbon output and promoting energy efficiency, Parliament was told on 1 July 2019.

TechnipFMC has been awarded significant subsea contracts by Reliance Industries Limited for the MJ1 field located in deep water offshore India in the Krishna Godavari basin.

The Mahatma Gandhi IT & Biotechnology Park (MGIT-BP) was inaugurated on 27 June 2019 as part of India’s broader engagement with Africa.