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MoRTH revises BOT and TOT agreements to boost private sector investment
The Ministry of Road Transport and Highways (MoRTH) has introduced a number of revisions to the model concession agreements (MCA) for build-operate-transfer (BOT) and tolling, operation, maintenance, and transfer (TOT) projects.
NHAI to build 5,795 km NHs in aspirational districts
Over 100 Aspirational Districts would undergo the construction of 5,795 km of National Highways (NHs) under a Rs one trillion programme, which is about to be unveiled.
How NIP has set the tracks for growth
Recently during an interaction with the Union Minister of Roads Transport & Highways Nitin Gadkari, the Minister reiterated that he was proud to have launched a CNG based equipment model of JCB.
Rural India?s steady contribution is a robust signal of the revival
India remains a focus area for us and systematic investment will be made in future as per the requirements of the market, says Abhijit Gupta, Managing Director, Case New Holland Construction Equipment (India).
The growth of road equipment segment will be about 15 per cent by 2017
Last year, we took an aggressive approach with the launching of new products in spite of the recession. The objective was to be prepared and match customer expectations and take a chunk of market share when the economy turns around, says R Nandagopal, Chief Executive Officer, Construction Equipment Business, Greaves Cotton. Excerpts of the interview.