Signs Of Infrastructure Recovery In India Clear; Affordable Housing, UDAN, Power Segments Shows Why


Beginnings of an upturn in Infra Firms: ICRA Report points to an improving trend in financials of infra cos. 12% decline in consolidated debt levels, and order books (largely from public expenditure in infra) shoring up order books to 3X level of last yrs revenue

• Green shoots of infra recovery Given the govtfs urban infra focus, firms with projects in the airport/highways segments saw improved performance, with order books looking encouraging. Consolidated debt levels of infra firms fell because of divesting stake in subsidiaries, etc.

The UDAN regional air connectivity scheme appears to be getting an overwhelming response. 141 responses for 502 routes (fixed wing + helicopter) by 17 operators for Round 2 of bidding. Could radically transform the aviation scene for India in a short span of time

• UDAN flying high Airlines could connect 116 airports and helipads, including 49 un-served and 15 under-served airports and 24 helipads, on these 502 routes. Read More…

You may also read!

Indian Air Forces Recruitment Goes Online, Will Start With Afcat And Star Exams!

Raksha Rajya Mantri Shri Subhash Bhamre inaugurated the online examination web portal of Indian Air Force at Air HQ

Read More...

Defence Minister Of State Dr Bhamre Visits Army And Air Force Formations In Eastern Assam

Union Defence Minister of State Dr Subhash Bhamre visited the Dao Division HQ at Dinjan in Eastern Assam as

Read More...

Indo-UK Joint Military Exercise Heading To A Close

The Indo-UK joint military exercise ‘Ajeya Warrior 2017’ is heading to a close as the two-week long training session

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu