Policies and Growth Drivers of Make in India for Construction Sector
Get up-to-the-minute market insight on key trends and industry regulation at our free-to-attend conference to discover and discuss the impact of Make in India campaign in the construction sector. The seats are on first come first basis and the delegates will receive an attendance certificate.
Construction & Real Estate is the second largest employer and contributor to the Indian economic activity, after the agriculture sector. The construction sector accounts for the second highest inflow of FDI after the services sector and employs more than 35 Million people. Government’s drive for infrastructure development and affordable Housing are some of the positive Policy decision, which will drive the growth in the construction sector. The session aims to deliberate on the impact of existing policies for the construction sector and way forward to improve them for a robust growth of Construction and allied sector in India.
This session aims to showcase some of the Indian states, which are promoting themselves as investment destination for Construction Machinery and technology companies worldwide. They would present the state policies for the sectors and incentives being offered to the global as well as domestic investors. State like Maharashtra, Gujarat, Tamil Nadu, Telangana and Andhra Pradesh have active promotion drive for the construction sector.
Present level of Urban infrastructure is inadequate to meet the demands of the existing urban population. There is need for infrastructure in Urban areas requires creation of new, inclusive smart cities.
There are immense opportunities available for investors in construction of residential houses, retail, commercial and hospitality sectors, technologies for smart sustainable cities and integrated townships, low cost housing technologies, green building solutions, sustainable and environment friendly building solutions, training of manpower for construction sector, water supply, sewage and sewerage systems. The Session aims to Showcase some of these technologies and deliberate how they can be made in India for their adoption in upcoming smart cities.
Development of Industrial parks and infrastructure is required to support Make in India initiative not only for construction sector but also for all other sector as a large chunk of industrial activities take place under industrial parks and it requires substantial infrastructure development to run a worl class industrial park. The session will deliberate on opportunities presented by these parks and current policies environment for the same.
The infrastructure development, which demands long term investment and has lower RoI over a period of 20-30 years, cannot sustain momentum until and unless both Public and Private sector come together and invest in this important sector through innovative funding models. The session aims to deliberate on various funding models including Municipal bonds and similar instrument to give an overview of current financial system and possible future scenario for the development in this sector. It will also deliberate on FDI issues.