The revenue of road EPC companies is expected to degrow 8-10 per cent this fiscal with the pandemic-driven lockdowns severely curtailing activity. Many HAM projects have seen financial closure taking over a year. The Government is bidding out more projects on the EPC mode while exhorting developers to tap the capital markets to raise funds. Further, in the post-pandemic world, NHAI has filed the p..
The government has constructed 2,921 km of highways under the Bharatmala Pariyojna, and a total of 322 projects in a length of 12,413 km have been awarded till August 2020. Despite COVID, NHAI has awarded 60 per cent more length of projects during the first half of FY 2020-21 as compared to FY 2019-20 during the same period. The authority has awarded 1,330 km worth Rs 472.89 billion during April-..
Exchange of information within and between construction lifecycle stages is the lifeblood of any construction project. Information sources are distributive, iterative, colossal and incrementally evolving with differing stakeholders during different stages of the project lifecycle. Failure to manage this is common and leads to inefficient project delivery.
These issues are global, and the India..
This year, the months of April and May were a washout from the concrete business perspective. During the lockdown, forecasters predicted that demand for concrete would dip substantially year on year, possibly up to 25 per cent.In June-July, some activity resumed but business was subdued because a lot of sites were closed as migrant labour was una..
The COVID-19 pandemic has disrupted the world on an unprecedented scale. As the virus spread across continents, the pandemic has had a devastating impact on people, countries, economies and businesses.
According to a report by Bain & Company, the US-China trade war (since 2018) has led to a 15 per cent drop in share price and $ 1 billion erosion in the market cap of a global computer maker..
Photo courtesy: Schueco
With the real-estate segment badly hit by the pandemic, demand for architectural products—including fenestrations and façades—has slumped too.
“Sales are down; all we are seeing is queries from architects and developers for their upcoming projects,” shares Rajiv Balaggan, Sales Head, Architectural Glass India, Pilkington Glass India.
“The building mate..