Archive for the ‘ Infrastructure ’ Category
Growth in six infrastructure industries plummeted to 2.3% in AugustĀ 2008 as compared to 9.5% a year ago i.e. in August 2007 including crude oil and petroleum refinery, showing depressing performance. Crude oil showed a negative growth by 1% in August 2008 compared to a positive growth rate of 6.5% in August 2007. Growth in petroleum [ READ MORE ]
Congested ports and other creaky transport infrastructure have become a growing problem for Asia’s third-largest economy and the world’s second-fastest growing large economy after China. The Indian government plans to double cargo handling capacity at the country’s ports to 1.5 billion metric tonnes (mt) per by 2012. If the current growth rate of 19% is [ READ MORE ]
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