07-02-2013, 04:06 PM
Construction Management
[attachment=50062]
Economic Overview:
India’s economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries and a multitude of support services & industries. Production, trade, and investment reforms have provided new opportunities for Indian businesspersons. India has an estimated 350 million middle class consumers: • India is the second fastest growing economy of the world at present. India has recorded one of the highest growth rates in the 1990s. The target of the 10th Five Year Plan (2002-07) is 8%. India’s services sector growth of 7.9% over the period 1990-2001 is the second highest in the world. • India is a young country with median age of population being 24.6 years & one-third of the population is below 14 years of age. • Long run GDP growth from mid 1990s has now stepped up to 6.5% from an average of 5% a decade & half ago and less than 3% two decades ago. • The average annual growth rate for the next few years is expected to be7%to7.5% • The opportunities unfolding in India is as a result of reforms enacted from early 1990s as well as a result of India’s increasing competitiveness & confidence • A unique feature of the transition of the Indian economy has been high growth with stability.
Real Estate
Indian Real Estate is a €8 bn (by revenue) Industry in India. It is projected to grow to €34 bn by 2010. It has witnessed a revolution, driven by the booming economy, favourable demographics and liberalised foreign direct investment (FDI) regime. Growing at a scorching 30 per cent, it has emerged as one of the most appealing investment areas for domestic as well as foreign investors. The second largest employing sector in India (including construction and facilities management), real estate is linked to about 250 ancillary industries like cement, brick and steel through backward and forward linkages. Consequently, a unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times.
Roads
India has one of the largest road networks in the world, aggregating to approximately 3.34 million kilometers. (Economic Survey 2007-08)
The Government has laid down ambitious plans for development and upgradation of the domestic road network. Private sector participation through PPPs is being actively encouraged to achieve greater efficiencies in development, operation and maintenance.
It is estimated that the total investment requirement for development and upgradation of the country’s road network over the next five years is approximately US$ 55 billion. (Economic Survey 2007-08)
Airports
Domestic and international air traffic over the past three financial years has been increasing at over 35% per annum.
It is estimated that the total investment requirement for expansion and modernization of the country’s airports to counter the aforementioned traffic increases is approximately US$ 10 billion. (Economic Survey 2007-08)
Projects for upgradation, operation and maintenance for several major airports including the Delhi, Mumbai, Hyderabad and Bangalore airports are already in the process of being executed/ have been executed:
[attachment=50062]
Economic Overview:
India’s economy encompasses traditional village farming, modern agriculture, handicrafts, a wide range of modern industries and a multitude of support services & industries. Production, trade, and investment reforms have provided new opportunities for Indian businesspersons. India has an estimated 350 million middle class consumers: • India is the second fastest growing economy of the world at present. India has recorded one of the highest growth rates in the 1990s. The target of the 10th Five Year Plan (2002-07) is 8%. India’s services sector growth of 7.9% over the period 1990-2001 is the second highest in the world. • India is a young country with median age of population being 24.6 years & one-third of the population is below 14 years of age. • Long run GDP growth from mid 1990s has now stepped up to 6.5% from an average of 5% a decade & half ago and less than 3% two decades ago. • The average annual growth rate for the next few years is expected to be7%to7.5% • The opportunities unfolding in India is as a result of reforms enacted from early 1990s as well as a result of India’s increasing competitiveness & confidence • A unique feature of the transition of the Indian economy has been high growth with stability.
Real Estate
Indian Real Estate is a €8 bn (by revenue) Industry in India. It is projected to grow to €34 bn by 2010. It has witnessed a revolution, driven by the booming economy, favourable demographics and liberalised foreign direct investment (FDI) regime. Growing at a scorching 30 per cent, it has emerged as one of the most appealing investment areas for domestic as well as foreign investors. The second largest employing sector in India (including construction and facilities management), real estate is linked to about 250 ancillary industries like cement, brick and steel through backward and forward linkages. Consequently, a unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times.
Roads
India has one of the largest road networks in the world, aggregating to approximately 3.34 million kilometers. (Economic Survey 2007-08)
The Government has laid down ambitious plans for development and upgradation of the domestic road network. Private sector participation through PPPs is being actively encouraged to achieve greater efficiencies in development, operation and maintenance.
It is estimated that the total investment requirement for development and upgradation of the country’s road network over the next five years is approximately US$ 55 billion. (Economic Survey 2007-08)
Airports
Domestic and international air traffic over the past three financial years has been increasing at over 35% per annum.
It is estimated that the total investment requirement for expansion and modernization of the country’s airports to counter the aforementioned traffic increases is approximately US$ 10 billion. (Economic Survey 2007-08)
Projects for upgradation, operation and maintenance for several major airports including the Delhi, Mumbai, Hyderabad and Bangalore airports are already in the process of being executed/ have been executed: