LNG Import terminal capacity to double by 2022

According to a recently released report by ResearchAndMarkets.com, the domestic LNG Import Terminal Capacity space is slated to witness plenty of action in the coming years. To meet with its growing energy needs, the country has announced to double the share of natural gas in the energy mix to 15% by 2022 which will witness a hike in imports and huge capital investments inflow for construction of LNG terminals in coming years Historically, India’s natural gas consumption pattern has been on an upward trend since last 6-7 years. With limited…

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China slowdown makes India more promising: Agility Logistics Index

The recently released 10th annual Agility Emerging Markets Logistics Index has called India  “the emerging market with the greatest potential.” The reported slowdown in China’s  economy has made India the hot favourite among the global logistics industry executives. Meanwhile, China has retained its numero uno position in the annual 50 country ranking list with India breathing down its neck at number two position. The other prominent countries occupying top slots in the list include United Arab Emirates, Indonesia, Malaysia, Saudi Arabia, Mexico, Qatar, Turkey and Vietnam. Judging competitiveness on various…

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Multi-modal Infrastructure to propel Real Estate Growth

Leading real estate consultancy and research firm, Anarock Property Consultants, has come out with a report which underlines that the government’s focus on developing multi-modal infrastructure will further propel the fortune of the Indian real estate sector. Following are the excerpts of the press release on the report…   In line with its aim to enter the USD 5 trillion club economy by 2025 – which is highly dependent on real estate and infrastructure – the Government has taken a multi-modal approach towards infrastructure development in the country over the…

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Air purifier industry to touch USD 38.99 million by 2023

Indian residential air purifiers market is projected to grow at a CAGR of more than 29% from the current level of USD 14.14 million to USD 38.99 million in 2023, backed by rapid urbanisation, increasing purchasing power, expanding urban population and deteriorating air quality, according to an ASSOCHAM-TechSci Research joint study. Some of the other key factors expected to drive the market are growing technological advancements, aggressive marketing strategies by air purifier companies, increasing incidences of airborne diseases and aspiration to lead a healthier lifestyle are anticipated to boost demand…

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India’s packaging industry to touch $72.6 billion: ASSOCHAM-EY study

 India’s packaging industry is expected to witness an outstanding growth during 2016–21, anticipated to reach the level of US$ 72.6 billion by FY20 growing at a CAGR of 18%, according to an ASSOCHAM-EY joint study. The Indian packaging industry was about US$ 31.7 billion in 2015. The growth is driven by key factors such as rising population, increase in income levels and changing lifestyles. Increasing media penetration through the means of internet and television are fuelling the demand for packaged products in rural India as well, noted the joint study.…

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80% of APAC service providers expect 5G to expand enterprise revenue

Amdocs (NASDAQ: DOX), a leading provider of software and services to communications and media companies, recently announced the findings of a new survey that reveals that nearly 80% of APAC CSPs expect the introduction of 5G to expand revenue opportunities with enterprise customers. It also finds that 9% of operators plan to offer 5G services commercially to this sector by the end of 2019, a figure that will increase to 47% by the end of 2020. Conducted by market research and consultancy firm IDC, on behalf of Amdocs, the survey…

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Stable outlook for construction business

The increase in the government spending on infrastructure projects has resulted in robust order inflow for the construction companies and the trend is expected to continue in the new year. This is the major takeaway of the recently released year end assessment report by the credit rating and research agency ICRA. “The construction companies are likely to witness significant opportunities from the railways, ports, urban infrastructure and airport segments. In the Railways segment, besides the core railway capex (doubling, new lines, signalling, electrification, etc), the station redevelopment, and the recently…

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Challenging near-run projection for domestic shipping sector

A recent report by noted credit rating and research agency ICRA projects challenging business environment for the domestic shipping sector. “This is mainly because of capacity additions done anticipating uptick in charter rates which did not fully materialise leading to subdued return indicators and debt coverage indicators. In recent period, the increase in bunker fuel costs has also added to the profitability pressure,” the agency maintained in a release. “The charter rates are a function of global demand supply trends for the major segments – dry bulk, tankers, containers and…

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Succession remains a key problematic issue

Korn Ferry in partnership with NSE organized a discussion with eminent experts on board practices in Indian companies during an event on 17th December. The discussion was held in the backdrop of launch of a recent study by Korn Ferry titled ‘Boards That Lead’.  Key findings of the study:  Succession Planning Seamless transition of CEO and other top leadership roles is an important activity and boards need to have better processes to ensure viable successors for these roles, keeping in mind that the capabilities of these successors are aligned to the future…

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Stable outlook for ports

Noted credit rating and research agency ICRA has given a stable outlook for the port sector,in its year end assessment. “The prospects for the Indian port sector players in the medium term are expected to be favourable, supported by continuing healthy growth in cargo of major volume drivers – Coal, Crude and Containers. Coal imports, which had become a concern over the last two years, have been witnessing a rebound and could continue to with the momentum witnessed in first half of FY2019. Demand revival from the power sector and…

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