Raj Kalady

Mr. Raj Kalady - Managing Director, Project Management Institute

In the last two decades, India has emerged as one of the fastest-growing economies in the world. According to a Citi group report, following the reforms undertaken by Government of India, the GDP is likely to revive to 7.9% in 2015-16 and further up to 8.1% in 2016-17. Infrastructure plays a vital role in stimulating economic growth. India's extensive infrastructure needs are well known. Years of underinvestment have left the country with dire deficits in crucial areas like roads, ports, railways, energy, telecommunication, and airports. This lack of infrastructure reduces India's GDP growth by one to two percent every year.

The budget of 2015 saw a big push for infrastructure with a hefty Rs.70,000 crore increase in investment to achieve the deficit target accumulated over the years. Weak physical infrastructure has a direct impact on the growth and overall development of the economy.

This section of the article is only available for our subscribers. Please click here to subscribe to a subscription plan to view this part of the article.

Click Here
To Know More or to Contact the Manufacturer
Please fill in your details
Choose Title from the listPlease let us know your name.
Invalid Input
Please let us know your Designation.
Please let us know your email address.
Please let us know your City.
Please let us know your Contact Number.
Please brief your query.
Our other Value-Added Services:

To receive updates through e-mail on Products, New Technologies & Equipment, please select the Product Category(s) you are interested in and click 'Submit'. This will help you save time plus you will get the best price quotations from many manufacturers, which you can then evaluate and negotiate.

Equipment & Machinery
Invalid Input
Building Products
Invalid Input
Invalid Input