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Ensuring a SAFE Voyage!!!
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Indian economic engine is working at full throttle with a slew of policy
measures ably fuelling the growth momentum, especially on the Highland Media Publishers Pvt. Ltd.
infrastructure front. To start with, the Union Cabinet recently approved Registered Office:
th
609, 6 Floor, Swastik Chambers, Sion-Trombay
the implementation of the fourth phase of the Pradhan Mantri Gram Road, Chembur (East), Mumbai – 400 071.
Sadak Yojana (PMGSY-IV) for the construction of 62,500 km of new roads Tel: 022-25271902
providing all-weather connectivity to 25,000 villages. The Cabinet,
Chaired by Prime Minister Narendra Modi, approved the proposal for Editor: Shrirang Krishnan
the financial years 2024-25 to 2028-29 with a total outlay of `70,125 editor@constructionopportunities.in
crore, a statement said.
Assistant Editor: Prerna Sharma
The Ministry of Road Transport and Highways has also announced a edit@constructionopportunities.in
significant initiative to build 74 new tunnels across India, totalling 273
km in length. Road Minister Nitin Gadkari announced that this extensive Chief Executive Officer: V Anand
project, designed to enhance the nation’s highway infrastructure, is anand@constructionopportunities.in
projected to cost around `1 trillion. The Minister also highlighted that to Creative Designer & Coordinator:
date, 35 tunnels have been completed, stretching 49 km, at a cost of Asif Padwekar
`15,000 crore. Another 69 tunnels, covering 134 km, are in progress, with coordinator@constructionopportunities.in
an estimated expenditure of `40,000 crore. The minister emphasised
the vital role of regular performance audits in overseeing construction For Subscription:
projects, highlighting that “performance audit is more important than support@constructionopportunities.in
financial audit” to ensure timely and high-quality project delivery.
“India is comfortably placed in 6-8% growth band,” Union Minister Press Releases:
Ashwini Vaishnaw mentioned during his address at a recent event. coordinator@constructionopportunities.in
There are four pillars of growth, the minister said – investment in public
infra, inclusive growth, manufacturing and simplification of laws. The
railways minister observed that from 2014 to 2024, India constructed All rights reserved. While all efforts are made to
ensure that the information published is correct.
14,985 kms of railway tracks, which is higher than a rich country like Construction Opportunities holds no responsibility
France achieved during the same time frame. During 2004-14, the for any unlikely errors that might occur.
km count of railway tracks in India was at 14,000 kms, but in the last 10
years the count has crossed 31,000, he said. Printed and Published by Shrirang Krishnan on
behalf of Highland Media Publishers Pvt. Ltd.,
Moreover, the Minister also announced that the Kavach technology printed at Indigo Printers, BRM-10, Devidayal
will now be implemented in mission mode in the country. The Kavach Compound, Near Britania Company, Reay Road
Automatic Train Protection (ATP) system, known for its high technology (East), Mumbai – 400 010 and published from
intensity and stringent safety certifications, will now be implemented 609, 6th Floor, Swastik Chambers, Sion-Trombay
rapidly. This system aids train operators by automatically applying Road, Chembur (East), Mumbai – 400 071. beyond the
brakes if necessary and ensures safe train operation during adverse Editor: Shrirang Krishnan
weather conditions. The push for faster installation follows recent The information on products and projects on beaten path Self Loading Mixer
tragic train collisions. All these announcements are tell-tale signs of offer is being provided for the reference of the
a bustling economy where Infrastructure has the biggest role to play. readers. However, readers are cautioned to
The industry stakeholders are already charged with great enthusiasm make inquiries and take decisions on purchase
to take this trajectory in the forward momentum through their state- or investment after consulting experts on the HIGHER OUTPUT MORE FUEL SAVING LESS MAINTENANCE HIGHER WEIGHING ACCURACY
of-the-art products & services. With every stakeholder taking the onus subject. CONSTRUCTION OPPORTUNITIES holds no
upon themselves to drive growth, we are in for the biggest economic responsibility for any decision taken by readers on Batching Plants I Concrete Pumps I Transit Mixers I Separate Placing Booms I
bang that the country has ever witnessed or achieved! the basis of information provided herein.
Shotcrete Pumps I Self Loading Mixers I Concrete Recycling plants
With new hopes & vigour, here’s to great FESTIVE SEASON that’s upon
us… FOR DIGITAL EDITION LOG ON TO:
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4 CONSTRUCTION OPPORTUNITIES|SEPTEMBER 2024