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Construction & Infrastructure News

Affordable housing set to grow at a faster pace than rest of the real estate sector

August 2017

If we talk about affordable houses, it typically denotes the housing needs of the lower or middle income population. The Government of India has take...

Government of India, Awas Yojana, Vineet Relia, SARE Homes, Affordable housing, FSI, RERA, GST, DMIC, Indira Gandhi International Airport

PM to lay foundation stone of Zojila Tunnel in J&K

August 2017

A recent report from PTI reveals that Prime Minister Narendra Modi will lay the foundation stone of the Zojila tunnel in Jammu and Kashmir after Augu...

PTI, Zojila tunnel, Narendra Modi, Srinagar-Kargil-Leh National Highway, IL&FS Transportation

Allcargo posts 6 per cent revenue growth

August 2017

Allcargo Logistics has achieved a total revenue from operations at Rs 1,483 crore for the quarter ended June 30, 2017, as compared to Rs 1,399 crore ...

Allcargo Logistics, Project logistics, Financial results, Transportation

Did you know? The current housing deficit in India stands at 19 million units

August 2017

If we talk about affordable houses, it typically denotes the housing needs of the lower or middle income population. The government has taken a numbe...

Affordable houses, Infrastructure, FSI, Omaxe, SARE Homes, BDI, DMIC, Indira Gandhi International Airport, GST, Ssumit Berry, ICRA report, Awas Yojana

Essar Ports to develop coal terminal in Mozambique

August 2017

Essar Ports has signed a 30-year concession agreement with the Government of Mozambique to develop a new coal terminal at Beira Port, as part of a Pu...

Essar Ports, coal, terminal, Mozambique, Beira Port

Direct port delivery plan to play spoilsport on CFS

August 2017

The Central Government’s step to introduce direct port delivery (DPD) to speed up delivery of cargo containers to importers/consignees to check extra...

Container handling, CFS, Port equipment, JNPT

BAGGED IT!

August 2017

L&T Construction's Transportation Infrastructure & Water Effluent Treatment businesses have jointly bagged an EPC order from Aurangabad Industrial To...

L&T Construction, Transportation Infrastructure, Water Effluent Treatment, IL&FS Engineering and Construction Company, Power Transmission, Distribution, GPT Infraprojects, SPML Infra

The elevator and escalator industry will grow at 10-12 per cent

August 2017

The Indian elevator market stands at around 60,000 units, with about another 3,500 units of escalators. For infrastructure projects, according to pub...

Elevator, GST, Escalators, VVVF, PORT transit management system, R&D centre, Schindler Group
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