Overview

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, airports, roads and urban infrastructure development. In 2016, India jumped 19 places in World Bank’s Logistics Performance Index (LPI) 2016, to rank 35th amongst 160 countries.


Challenges

Major hurdles in the development of infrastructure sector includes investment gaps, funding issues, old methods of construction and lack of advanced technologies. Loopholes in the policy framework and financial constraints contribute a major part in shrinking the growth of Indian Infrastructure. The Indian infrastructure ecosystem should take note of some policy and regulatory changes globally. Well-structured infrastructure projects with foreign capital can create significant value for India, and it must align policies to boost infrastructure creation in a rapidly evolving global landscape.

Road Ahead

Creation of infrastructure is vital for India’s economic development as the opportunities for future growth are enormous in the country. Future growth is anticipated and expected in several areas and there is a proposed investment of over INR 56,00,000 crores in the next five years. The private players are scheduled to play a major role in carrying out this massive program spread across the length and breadth of the country. Road and power sectors are expected to attract a lion’s share of the proposed investments, and several other new opportunities will also appear in the future. There are PMs pet schemes like Delhi-Mumbai Industrial Corridor, Smart Cities and creation of Logistics Network. A massive Urban Infrastructure Development is round the corner.

India’s national highway network is expected to cover 50,000 kilometres by 2019, with around 20,000 km of works scheduled for completion in the next couple of years, according to the Ministry of Road Transport and Highways. The Government of India is devising a plan to provide wifi facility to 550,000 villages by March 2019 for an estimated cost of Rs 3,700 crore (US$ 577.88 million).Globally, India and Japan have joined hands for infrastructure development in India’s north-eastern states and are also setting up an India-Japan Coordination Forum for Development of North East to undertake strategic infrastructure projects in the northeast.

Since Infrastructure sector directly affects the economy of a country. It is of immense importance to address the major issues of the industry on a multi-stakeholder collaborative platform to examine infrastructure development challenges and discuss the road ahead. 6th edition of ET Infra focus summit is an initiative towards highlighting such issues and discuss the solutions from experts from multiple sectors and areas of expertise. To address the economic gaps and changes in old policy framework is the need of the hour. Future infrastructure projects will also need to be proactive in their design to incorporate new emerging technology and connectivity.

In the last 5 successful years of The ET Infra Focus, we have tried to focus on sector’s major issues individually. In this year’s edition, the conference will provide a high-level, multi-stakeholder platform to Govt Officials, Infrastructure Companies, EPC Companies, Project Management Companies, Construction Companies, Banks and Construction Equipment Companies to discuss on wide range of issues and challenges they face. The mission of this conference is to examine the probable solutions to these issues and to highlight the new opportunities and discuss the way forward. This year, the Summit aspires to sum up the major hurdles in the infrastructure sector with a special focus on the economic gaps and steps required to mitigate the same. With this year’s discussion, Economic Times attempts to contribute towards the fast improvisation of Indian Infrastructure in the coming years.

The last few years have been “mixed” for infrastructure development in India. While the government has launched several ambitious programmes and backed them with budgetary outlays, the private sector has been not as willing or not as able to invest. While new sources of funding like pension funds are finally emerging, the commercial banks have become reluctant (with good reason). While the foreign investors have shown keenness to invest in India, the domestic players have been shy. While there has been considerable progress in sectors like roads and railways, there has been little movement in water and not enough in the power sector. While new mid-size EPC players have entered the ring, many of the pioneering big-scale developers are out of the game or holding stressed assets. While this central government, like its predecessors, has pushed hard for rational policies, many state governments have resisted or not followed through. And so it goes.  While there are new (and old) opportunities, there are also new (and old) challenges.

 The Economic Times Global Infra Platform intends to bring decision makers, influencers, policy makers, technology providers and all other stakeholders under one roof to address these needs of nation on a continuum. The summit will provide opportunities for the stakeholders to meet policy makers, understand the needs and demands of nations, the opportunities that lie ahead and scope of new businesses.  On a broader perspective, the initiative will truly provide a knowledge sharing platform for to share the hindrances and to discuss the probable solutions and opportunities which will be beneficial for both Public and Private sector organizations.

Key Topics of Discussion:

  • Delays in Project Implementation Schedules
  • Issues for fair contract administration (conditions and operations of contract) (2nd session)
  • Foreign Investor Perspective
  • PPP model and Issues
  • Government initiatives on Policy Frame work (1st session)
  • Status of infrastructure in rural area
  • Stressed Asset Resolution + Arbitration experience with infrastructure projects (3rd session)
  • Digital Transformation
  • Alternative Sources of Financing
  • Need for Automation: Emerging Technologies (4th session, same as digital transformation)
  • Port Infrastructure
  • Inclusive session : Future of Infrastructure
  • Logistics and Transportation
  • Industry Overview: Urban Infrastructure

Industry Participation:

  • Bureaucrats
  • Government and policymakers
  • Infrastructure Companies
  • Financial advisory firms
  • EPC Companies
  • Project Management Companies
  • Construction Companies
  • Construction Equipment Companies
  • Engineering Companies
  • OEMs
  • Academicians
  • PE Funds
  • Banks

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