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!

National Aerospace Laboratories To Develop Drones For Civilian Use

State-run National Aerospace Laboratories (NAL) will develop drones or unmanned aerial vehicles (UAVs) for civilian use in various sectors,


Exercise Pitch Black 2018: IAF Shares Iconic Photo, Asks Twitterati To Identify Aircraft

With just a day remaining for the mammoth air exercise Pitch Black 2018 to end, the Indian Air Force


Pakistan Violates Ceasefire In Tanghdar Sector

Pakistani troops violated the ceasefire in Tangdhar sector in Kupwara district, officials said here today.  The ceasefire violation took


Leave a reply:

Your email address will not be published.

Mobile Sliding Menu