The Indian Railways is a government run organization that as of 2017 employs over 1.3 million people across the country. It serves 23 million passengers on a daily basis. It is a known fact that the Indian Railways are facing losses for years due to low profit margins in interest of social responsibility. Indian Railways runs the third largest network rail network in the world and it is the pre…
As per Steve Felder, the managing director of Maersk South Asia, the next phase of growth, for trade and commerce in India will be through the hinterlands. Undeniably, that would bolster the propositions for import as well as export. They also believe that choosing India’s inland waterways over trucks and railway for shipping is significantly beneficial for any business that wishes to foray or…
Road projects/Highways projects in India are awarded based on the Public Private Partnerships (PPP) model. As a part of this operating model, the highway contracts are awarded under one of the following three models – Build-Operate- Transfer (BOT)-Annuity, BOT-Toll, and EPC (Engineering, Procurement and Construction) contract. The BOT-Toll and BOT-Annuity were the commonly adopted…
Bharatmala Pariyojana is a new program for the highways sector that focuses on optimizing efficiency of freight and passenger movement across the country. The press release states, “Bharatmala is a new umbrella program for the highways sector that focuses on optimizing efficiency of road traffic movement across the country by bridging critical infrastructure gaps.” The Bharatmala project is an…
For several months (and even a few years) now, we’ve watched all the major airlines in India report losses, tank in the stock market and struggle with operational challenges. The biggest jolts, however, were due to airlines shutting shop, whether temporarily or for good. Jet Airways, which was the largest airline in India in its heyday, has now suspended operations until it finds a taker which…