Projects

Austrian-Russian companies will be helping out with cable cars and airboats for travelling across hilly areas and over rivers, said Nitin Gadkari, Minister for Road Transport and Highways, Shipping and Water Resources, River Development and Ganga Rejuvenation.

Crisis created by the Non-Banking Financial Institution or Company (NBFC) is going to hold India’s real estate sector at gun-point in 2019, as it did in 2018, a year of veritable roller-coaster ride.

More than 50 Projects with an investment of over Rs.10,000 crore, adding 90 MTPA capacity, are targeted for award during 2018-19 by the Jawaharlal Nehru Port Trust (JNPT), said the Ministry of Shipping.

A World Bank loan of US$200 million is supporting the Ministry of Micro, Small and Medium Enterprises' Rs.2,200 crore implementation of Technology Centre Systems Programme (TCSP) for over 63 million MSMEs in the country.

Finance Minister Arun Jaitley is confident that if the current growth rate is maintained and if India’s global position is retained, the economy will be able to get out of the range of 7-8% growth.

The Government is preparing a plan to invest and revamp Kolkata port and Haldia dock to boost industrial and commercial business in West Bengal.

The Ministry of Road Transport and Highways is working on highways in Tamil Nadu including a detailed project report (DPR) on sea link near Chennai, Minister of State Mansukh L Mandaviya said in an update to parliament on 13 Dec...

The National Highway Authority of India is finalizing a detailed project report (DPR) for the of NH-80 (new NH-33) between km 65 to km 190 in Bihar.

The Asian Development Bank (ADB) is lending $60 million to help reduce floods and the riverbank erosion in Assam.

Capital expenditure is likely to slow down due to economic uncertainties in India which goes into an unpredictable General Elections by May next year.