Welcome to EXCON 2021
Infrastructure sector is a key driver for the Indian economy. The sector is highly responsible for propelling India’s overall development and enjoys intense focus from Government for initiating policies that would ensure time-bound creation of world class infrastructure in the country. Infrastructure sector includes power, bridges, dams, roads, and urban infrastructure development.
The Government of India is expected to invest highly in the infrastructure sector, mainly highways, renewable energy, and urban transport
- In April 2020, the Government set a target of constructing roads worth Rs 15 lakh crore (US$ 212.80 billion) in the next two years.
- In May 2020, Border Roads Organisation (BRO) achieved major milestone by digging up a 440-metre long tunnel below the busy Chamba town on Rishikesh-Dharasu road Highway (NH 94).
- Indian energy sector is expected to offer investment opportunities worth US$ 300 billion over the next 10 years.
- NHAI will be able to generate revenue of Rs one lakh crore (US$ 14.31 billion) from toll and wayside amenities over the next five years.
- In the Union Budget 2020-21, the Government has given a massive push to the infrastructure sector by allocating Rs 1,69,637 crore (US$ 24.27 billion) to develop the transport infrastructure.
- Communication sector has been allocated Rs 38,637.46 crore (US$ 5.36 billion) to develop post and telecommunications departments.
- Indian Railways has received an allocation of Rs 72,216 crore (US$ 10.33 billion) under Union Budget 2020-21.
Confederation of Indian Industry (CII), India's Premier Industry Association is organising Excon 2021 which is scheduled to be held in 7 - 11 December 2021, Bengaluru, Karnataka, India.
Source : https://www.ibef.org/industry/infrastructure-sector-india.aspx