This site provides detail information on
Business Infrastructure. The site also focuses on the current
scenario of Business Infrastructure in India.
Business Infrastructure forecasts an average
construction industry real growth rate of 8.5% over 2006-2010. The
Business Infrastructure sector witnessed some growth around 7% during April-August 2006 as compared to around 6% in the corresponding period the preceding year. The
government of India has now opened this sector, and now allowing 100%
foreign direct investment (FDI). This opening up of
Indian infrastructure sector has facilitated the entry of foreign companies to enter the
infrastructure sector in India.
The key components of the key
Business Infrastructure are -
- Transport like
- Roads,
- Airports,
- Railways,
- Utilities -like
- Power,
- Telecommunication,
- Water supply,
- Drainage,
- Sewerage,
- Solid waste disposal systems,
- Services.
- Commercial construction - like
- Accommodation,
- Restaurants,
- Recreational facilities,
- Shopping facilities,
At present the largest project in the country is the
Golden Quadrilateral, which is aimed to connect the four zones of India with world class four lane highways. The aforesaid project would cost around US$4.9bn and the most ambitious highway improvement scheme ever launched in India. The length of the highway would be 5,952km of road network. The
real estate segment is the actual growth driving force of the
infrastructure sector in India. Some remarkable developments are taking place in the hotel industry with several foreign players partnering with local
developers to construct hotels, following a boom in the
tourism industry. The challenge before the
construction industry could retard the growth of the country. Although,
FDI in the
Business Infrastructure sector is allowed but it requires the government to introduce reforms, such as tax incentives for
real estate development. Further, the issue of the money supply and exchange rate should be arrested and solved. The
Business Infrastructure growth in India scores high on the IT Business Environment Ranking matrix. Moreover, India occupies the top position out of the 14 nations in the
Association of South East Asian Nations region. The ongoing
public-private partnerships and foreign collaborations in the Indian
Business Infrastructure sector would further fuel growth and development of the
infrastructure industry as a whole.
Historical Inflation Rates | Hotel Leela Venture
