The
Conference
India’s economic growth is attracting wide attention. India and China are enjoying high economic growth. In 2006-07 India’s growth was 9.4%. Economic prosperity is placing huge demands on Infrastructure. India is the third largest economy behind USA and China. World Economic Forum has noted that India’s annual investment in Infrastructure between 1998 and 2005 averaged 4% of GDP compared to 8.2% for China. International experience has shown that a 10 percent increase in the availability of Infrastructure can raise average household incomes by an equal amount mainly by creating large scale employment. Therefore there is huge investment requirements of Infrastructure sector. India growth story is expected to continue. There exists 50% of the population below 25 years which is going to generate huge domestic demand. Hence there is need to bridge infrastructure gaps to sustain economic growth. Opportunities for international investor is significant.
Government of India is addressing the infrastructure requirements. 11th. Five year plan(2007-2012) calls for more than doubling the financial outlay for infrastructure. Total financing requirement is $ 492 bn in the next five years. Of this $147 bn is to come from private investments. Share of private investment in total to rise from 17% to 30% by 2012. Investment to touch $1.48 trillion by 2017. There is strong interest evinced by international investors in India’s infrastructure. This includes Private Equity 3i, Blackstone etc., International Banks, Citigroup, Macquarie Bank(Australia), Mizuho(Japan), Deutche Bank, Multilateral Institutions including ADB, World Bank, IFC, etc.
India growth story is likely to continue. Strong economic growth will fuel further demand on Infrastructure. India should absorb the large investments in infrastructure sector to sustain growth momentum.
Infrastructure will play a critical role in achieving the vision for Andhra Pradesh. Every growth objective whether it is developing growth engines, improving education and health services or augmenting services in villages and cities can be achieved only if the necessary infrastructure is created.
Builders in India especially from Hyderabad are riding on the boom created by spectacular growth of IT and relevant companies and subsequent escalation in the demand of real estate properties in the city. The builders in Hyderabad that are at the helm of all affairs leading to the successful termination of a residential project. The present scenario in the city is driving builders in Hyderabad to construct more and more are witnessing massive development with construction of multiplexes,corporate offices, banks and shopping arcades which can be seen everywhere in the city. There is still a lot to expect in the future.
Keeping in view the above The Federation of Andhra Pradesh Chambers of Commerce and Industry in association with Hyderabad International trade expositions Limited (HITEX) and ASSOCHAM is planning to organize a three day event “BUILD INDIA: 2010”. The Conference Theme is : INVESTMENT OPPORTUNITY IN INFRASTRUCTURE AND REAL ESTATE SECTOR & FUTURE TRENDS IN CONSTRUCTION – URBAN INFRASTRUCTURE – FOCUS ANDHRA PRADESH. Ernst & Young is the Knowledge Partner of the Event.
The Conference is being organized along with the exhibition and aims to bring together all the expects of Infrastructure and Construction Industry. Building Materials, technology providers, Facility management and Infrastructure developers on one platform. A distinguished group of exhibitors from across the globe will come together at this exposition, ensuring a strong representation of the Construction and Infrastructure Industry.
