Indian Infrastructure 2014, Revive the sector
The June issue of the Indian Infrastructure Magazine dedicated a special report to the road and bridge sector in India, in which several experts and CEOs evoke the key issues and challenges the sector will have to face in the next future years.
Avadash Singh, Deputy CEO, Egis India evokes the current major difficulties that tend to postpone the implementation of the projects, hinting for example at the cash flow problems and excessive red-tapism in the country .
Further in the article, Mr Singh recommends some policies such as the diminution of the role of the Planning Commission in approvals of specific projects or the simplification of the procedures for acquiring private land for public use.
One thing is certain, experts and companies expect a lot from the new Indian government to revive investor sentiment in the road sector.