Infrastructure Industry

Overall Rating: star ratingstar ratingstar ratingstar ratingstar rating[0/5]Total Votes [  ]  
Rate this page:
Infrastructure Industry in India have been experiencing a rapid growth in its different sectors with the development of urbanization and increasing involvement of foreign investments in this field. The Indian government has taken initiatives to develop the infrastructure sector, with major emphasis on construction, engineering, IT, entertainment, textiles, food, and utility to name some.

Reports of different segments in Infrastructure Industry:
The section of the construction industry of Infrastructure Industry in India reported an estimated growth of 6.78% year-on-year in 2006. The industry in India is highly fragmented and has about 300,000 construction companies operating nationwide. The government has allowed 100% foreign equity in the construction industry. Among the major infrastructure projects are the US$7-8bn India-Iran gas pipeline, the US$2.8bn construction of two power plants, and the US$2.3bn power project in Tamil Nadu.

Heavy Engineering Industry is one of the largest segments of Infrastructure Industry in India. It includes a whole range of industries such as Heavy Electricity Machinery, Turbines, Generators, Transformers, Switchgears, Textile Machinery etc. all of which are essential infrastructure for the development of industrial sector in India. For proper industrial development the utility commodities like the switchgear and control gear, MCBs, air circuit breakers, switches, rewireable fuses and HRC fuses with their respective fuse bases, holders and starters are produced. Construction machinery, equipment for irrigation projects, diesel engines, tractors, and transport vehicles, cotton textile and sugar mill machinery are other manufactured objects of great demand of the Infrastructure Industry. Some major areas where these are in use are the multi-crore projections for power generation like nuclear power stations, petrochemical complexes, and chemical plants integrated steel plants, non-ferrous metal units etc. In India BHEL is the largest engineering and manufacturing enterprise in the energy related infrastructure sector, manufacturing over 180 products under 30major product groups and catering the core sectors of the Indian Economy.

Last updated On: 7th May 2011



>> More about India Budget