The allocation of more than Rs.10 lakh crore, a 33 per cent increase from the last budget to Infrastructure development in the Union Budget 2023 is reason enough to believe that the central government thinks of infrastructure as a key driver for growth. It is sweating all its resources to build a globally competitive infrastructure. Announcements of initiatives like the National Infrastructure Pipeline (NIP), a list of 1,950 projects worth Rs.102 lakh crore and PM Gati Shakti Master Plans Mission of around Rs.75,000 crore are noteworthy allocations. At the Associated Chambers of Commerce & Industry of India (ASSOCHAM) Annual Flagship Infrastructure Conference cum Awards, the theme was aptly “Accelerating Infrastructure Development for Bharat@100.” The two-day conference was focused on providing a platform for policy makers, industry leaders, and experts to discuss the challenges and opportunities of infrastructure development in India. Various industry leaders conveyed the hurdles and suggestions to the Union Minister of Road Transport and Highways, Nitin Gadkari who in turn assured the industry to address any pain points stalling progress. A detailed report was also submitted to the Minister by an estimated 300 stakeholders to draw his attention to priority issues.
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100Th JK Truck Wheels Shop
JK Tyre & Industries reached a major milestone by inaugurating its 100th JK Truck Wheels brand shop in India, reinforcing its leadership in the Truck Bus Radial (TBR) segment and commitment to commercial vehicle solutions.
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Four decades later, 337-tonne of toxic waste in addition to 1.1 million tonnes of contaminated soil inches slowly towards disposal, writes Ashish Bhatia.
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Fleet Operator POV
Private bus transport operators called for better infrastructure, fairer taxes, and policy reforms to strengthen public transport, writes Upendra Kasbekar.
Mahindra Tractor MoU with PNB
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Metro rail has a direct bearing on public and private transportation.
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Global VC firm Accel raises early-stage fund
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