The pillars of infrastructure under one roof

Sep 30, 2022 C.W. Team

India aims to be a $5 trillion economy by 2024-25. The country would need to spend $4.51 trillion on infrastructure by 2030 to achieve the vision of a $5 trillion economy by 2025 and continue an accelerated trajectory to 2030, according to a study by Oxford Economics. The National Infrastructure Pipeline (NIP) aims to invest more than Rs 111 trillion in several infrastructure projects between 2019 and 2025. The National Industrial Corridor Development Program (NICDC) is also playing a key role in developing the infrastructure. backbone infrastructure.

The theme of this year’s event resonated well with the current direction of the industry – PM Gati Shakti: Can it help the national infrastructure pipeline achieve its goal? Additionally, the event successfully enhanced cooperation and information exchange among policy makers and industry leaders discussing the impact of PM Gati Shakti on various infrastructure sectors including metros , ports, railways and roads.

The ultimate platform for exchanging views and opportunities, it opened up new channels of communication and planning, with over 150 delegates who were decision-makers from intergovernmental agencies, project owners, contractors, developers and builders, contracting agencies and financiers.

Experts discussed how mega-projects such as Navi Mumbai International Airport, Sagarmala, Coastal Road, Mumbai Trans-harbour Link, Noida International Airport, among others, are likely to reap economic benefits with the implementation of Gati Shakti, as timelines for DPRs and land acquisition have been shortened.

Highlighting the report on the implementation of the program and the Ministry of Statistics, Pratap Padode, Chairman, FIRST Construction Council,raised the need for a tool to synchronize the plans of several departments by highlighting the gross waste of resources due to delays. “We are wasting nearly Rs 5 billion per day due to project delays,” he informed in his welcome address.

Opinions of speakers

Sharing a global vision, Ronald Bisio, Senior Vice President, TRIMBLE Inc.highlighted the growing importance of technology in construction in India, as evidenced by the growth of Trimble’s business in the country.

The event then unveiled a discussion on Gati Shakti’s empowerment: the path to achieving a $5 trillion economy. During this session, industry bigwigs talked about how Gati Shakti will enable them to achieve their goals and mission. Moderated by Pratap Padode, prominent speakers included Captain BVJK Sharma, CEO, Navi Mumbai International Airport; SV Desai, Director and Senior Vice President – Infrastructure, L&T; Shailesh Pathak, Director, Indian School of Public Policy; Mr. K. Gupta, ex-Engineer, Board of Railways; Ramnath Sonawane, Secretary, Maharashtra Water Resources Regulatory Authority; and RajanAiyer, Managing Director, Trimble India.

Sharing his experiences, Captain BVJK Sharma, CEO of Navi Mumbai International Airport, said, “We expect to complete the airport by December 2024 and meet the needs of domestic and international passengers. In addition, passenger handling capacity will increase from 60 million to 90 million per year.”

SV Desai, Director and Senior Vice President (Civil Infrastructure), L&T, claimed that Gati Shakti would indeed catalyze the goal of transforming India into a $5 trillion economy. He went on to explain the pace at which Mumbai-based projects were executed by L&T. He affirmed that all the ongoing projects are moving at the right pace including the Mumbai metro project. In the case of the Mumbai Metro, he added, aside from connectivity to the depot, most of the works were nearing completion. He further informed that “the coastal road is expected to be completed by December 2023”.

The conclave also included a lively discussion on “Implementation, Operations and Maintenance: Challenges and Technology Solutions”. Moderated by VN Heggade, Design and Build Consultant, DECon Complete Solutions; prominent panel speakers included Dr. Nalin Gupta, Managing Director, J Kumar Infraprojects; Vinod Agrawal, System and Operations Manager, MAHA Metro; Umakant Mahapatra, Dy Project Director, AYESA ING; Harsh Pareek, Regional Sales Manager, Trimble; and Vrajesh Lad, Manager-Steel Projects, Telge Projects, Pune.

In another interesting discussion, Ajay Singh, VP Supply Chain Management, Hindustan Platinum, moderated the session on last mile connectivity and strengthening the supply chain. Distinguished speakers from this panel included Shantanu Bhadkamkar, Managing Director, ATC Global Logistics; Devdatta Bose, Marketing and Commercial Strategy – Ports and Maritime, Tata Consulting Engineers; Ashish Jhagarawat, Director and CEO, Moon SEZ Consultants; and AmjaliBhide, Executive Committee Member, AMTOI.

The knowledge-filled conclave also featured several case studies.

To shed light on the plans for Noida International Airport and share his thoughts on building low-capacity regional airports in India, Nicolas Schenk, Director of Development, Noida International Airport, gave a presentation from case study. He said, “Noida International Airport will have a capacity of over 12 million annual passengers when it opens in 2024, which will increase to over 70 million annual passengers.”

Maritime Vision (MIV) 2030 accelerates the growth of the maritime sector over the next decade. Rajiv Jalota, Chairman, Mumbai Port Trust, explained how MIV 2030 will place India on the global maritime map. He pointed out: “Major ports need to undertake capacity additions of 423 MTPA. A total investment of over Rs 334.29 billion has been considered for this capacity expansion. Of this amount, around 95% of capacity expansion will likely be provided through a public-private partnership (PPP) or captive mode by major ports.

With emphasis on the modernization of Indian Railways, Abhilash Bhure, SrManager, Monarch, gave his presentation on technological intervention in the Indian railway system. At a time when metros are practically changing the silhouette of our cities, Akanksh Kashyap, CMO, Telge ProjectsPune, presented a case study on the Mangalwar Peth Metro Station in Pune.

A perfect exchange of thoughts

By discussing major areas of concern in infrastructure construction as well as the status of ongoing projects, the conclave instilled a new wave of symbiosis. A symbiosis between all the players in the industry who have come together to reflect and enlighten the public.

Infrastructure Conclave 2022 was a definite reaffirmation that businesses and government bodies are all set to write a new chapter in catalyzing growth in India. And the journey to realize Prime Minister Narendra Modi’s dream of transforming India into a $5 trillion economy has well and truly begun.

While the INFRATSUCTURE TODAY conclave concluded with great success, this triumph was achieved through strong partnerships. The event was co-organized by Swarajya and supported by lead partner: Trimble; Silver Partner: J Kumar Infraprojects; Associate partner: SBI Capital Market; Partner associations: Council of Importers of USA and India and Federation of Freight Forwarders Associations in India; Other partners: Fuji Silvertech, CONSTRUCTION WORLD, EQUIPMENT INDIA.

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