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Indian Infrastructure |
HenryTo
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Joined: 06 Aug 2004
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 Posted: Fri Sep 14, 2007 11:16 am Post subject: Indian Infrastructure |
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Both public and private investments in Indian infrastructure now increasing, especially as investment banks/hedge funds/private equity funds are now trying to seek other sources of profits now that many of their other businesses have peaked:
http://www.bloomberg.com/apps/news?pid=20601091&refer=india&sid=aNA2xF6iC7sc
| Quote: | Inadequate levels of infrastructure investment are estimated to be holding back India's economic growth by as much as 2 percent a year, according to the government. Highways, which move almost 80 percent of the goods in India, account for only about 2 percent of the country's 3.32 million kilometers (2.1 million miles) of roads.
Indian ports take 10 times longer to unload cargo than in Hong Kong or Singapore and a 13 percent power shortage during peak hours forces companies to have their own power plants. |
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rffrydr
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Joined: 30 Oct 2005
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Location: Sunny California
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| Posted: Thu Jan 27, 2011 10:38 am Post subject: |
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JSW Steel reported a 32% drop in profits [a 7% decline in profits was forecast]. Margins were squeezed as demand and pricing failed to offset rising raw material costs.
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HenryTo
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rffrydr
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| Posted: Tue Mar 31, 2009 7:21 pm Post subject: |
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Forget about Enron and the West: they're going chinese.
http://www.ft.com/cms/s/0/6f5811bc-1c73-11de-977c-00144feabdc0.html
Bilateral trade between India and China has grown rapidly. It was forecast to reach $20bn last year from just $1.2bn in 1995, and is targeted to double to $40bn by 2010.
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