As India sets its target on becoming a USD 5 trillion economy in the next few years, the infrastructure sector has never been as dynamic as it is today – having moved from the domain of utilities and public service providers to becoming the focus of policy dialogues. And while the push from the Government remains on large-scale infrastructure development for industrial growth, there are multipl…

Spread over a total area of 10000 acres (~40 km2), Aurangabad Industrial City (AURIC) can surely be considered as India’s most well-planned smart industrial city project that is being developed by Aurangabad Industrial Township Limited (AITL). AITL is a Special Purpose Vehicle (SPV) that has been created between the DMIC Development Corporation (DMICDC) and the Maharashtra Industrial Developme…

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…