Making the Cut
The whirlwind construction activities across the country — be it real estate, infrastructure, metro rail, airports — are definitely contributing to India’s development. The government is most proactive and along with them are the public and private sector who are actively bidding for projects, large or small. The pace of development may be rapid, but what India also needs to keep an eye on is the quality of development. If Make in India is to be effective, and if the country wants international investors to look at her with renewed interest, then all development must have the quality hallmark. Of course, we have leading examples of engineering marvels and, going by what EPC companies have to say, India has been leading in constructing shining examples of edifices at home and abroad.
Our cover story this month and also the feature on Roads & Highways cannot emphasise enough on quality of development. While Salarpuria Sattva has diligently weaved in quality in all its projects and ensured timely completion, the Group, perhaps, is one of the rare developers who has been given an A-Stable rating from Crisil.
In terms of roads & highways, contractors and equipment makers tell us that they do their best in working within the allotted budget and have the best methodology and equipment to build India’s infrastructure. However, the sheer lack of focus on using advanced technology and continuing to adhere to L1 puts them on the back foot.
Too many advisors have brought this to the attention of the government, but little has been done and paid heed to. If the country’s authorities put their mind to it, and give word to thought, then future generations will find no desire to compare Indian infrastructure with foreign shores.