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Editor's Space ®

Stepping into ‘Amrit Kaal’

The 8 Anniversary issue of Construction Opportunities couldn’t have
th
been launched at a more opportune time than this where the theme Published by:
justifies the ‘Golden Era of Indian Infrastructure’ impeccably well. Highland Media Publishers Pvt. Ltd.
While presenting the Union Budget, Hon’ble Finance Minister Nirmala Registered Office:
609, 6 Floor, Swastik Chambers, Sion-Trombay
th
Sitharaman coined it the ‘first budget in Amrit Kaal’. Road, Chembur (East), Mumbai – 400 071.
The Finance Minister outlined the seven priorities of this year’s Union Tel: 022-25271902
Budget. “These priorities complement each other and act as the
‘Saptarishi’ guiding us through the Amrit Kaal. These priorities comprise Editor: Shrirang Krishnan
“inclusive development, reaching the last mile, infrastructure and editor@constructionopportunities.in
investment, unleashing the potential, green growth, youth power, and Assistant Editor: Prerna Sharma
financial sector.” edit@constructionopportunities.in
The capital outlay for infrastructure was announced to be at `10 lakh
crore, at 3.3% of GDP. This is expected to have a multiplier effect Chief Executive Officer: V Anand
anand@constructionopportunities.in
across sectors and set a strong footing for a resilient growth. Both the
railway ministry and highway ministry have yet again topped the list Head Circulation & Subscription:
of capital allocation in the budget 2023-24. The capital allocation Subhash Bhogale
to the highway ministry for 2023-24 stands at `2,58,605 crore, while support@constructionopportunities.in
the railway ministry has got a central capital allocation of `2,40,000
crore. Both the ministries account for almost half of the total capital Creative Designer & Coordinator:
Asif Padwekar
expenditure estimate of `10 lakh crore in the budget. coordinator@constructionopportunities.in
Over 100 critical transport infrastructure projects, for last and first mile
connectivity for ports, coal, steel, fertilizer, and food grains sectors have Press Releases:
been identified and they will be taken up on priority with investment coordinator@constructionopportunities.in
of `75,000 crore, including `15,000 crore from private sources. The
Finance Minister announced that an Urban Infrastructure Development All rights reserved. While all efforts are made to
Fund (UIDF) will be established through use of priority sector lending ensure that the information published is correct.
shortfall, which will be managed by the National Housing Bank, and Construction Opportunities holds no responsibility
will be used by public agencies to create urban infrastructure in tier II for any unlikely errors that might occur.
& III cities.
Printed and Published by Shrirang Krishnan on
The private players in the infrastructure sector have much more to behalf of Highland Media Publishers Pvt. Ltd.,
rejoice and join the exceptional growth bandwagon waiting to unfold printed at Indigo Printers, BRM-10, Devidayal
with an impressive line-up of projects starting from expressways, metro Compound, Near Britania Company, Reay Road
trains, greenfield airports, multimodal logistics parks and list goes on. (East), Mumbai – 400 010 and published from
While the path to progress & prosperity might not be so easy, we all 609, 6th Floor, Swastik Chambers, Sion-Trombay
Road, Chembur (East), Mumbai – 400 071.
must focus on the ULTIMATE GOAL of ENVIOUS GROWTH and CREATING Editor: Shrirang Krishnan
INSPIRATIONAL INFRA LANDMARKS.
The information on products and projects on
This Anniversary issue is laced with many such incredible opportunities
that are slated to transform the infrastructure landscape in the near offer is being provided for the reference of the
readers. However, readers are cautioned to
future. Every industry player, be it construction companies or the make inquiries and take decisions on purchase
allied industry segment players, have an enabling role to play in this or investment after consulting experts on the
infrastructure juggernaut. subject. CONSTRUCTION OPPORTUNITIES holds no
responsibility for any decision taken by readers on
Let’s UNITE to Celebrate the ‘Golden Era of Indian Infrastructure’…
the basis of information provided herein.

FOR DIGITAL EDITION LOG ON TO:
Assistant Editor www.constructionopportunities.in

6 CONSTRUCTION OPPORTUNITIES|FEBRUARY 2023