Simon Meester is the new president of Sandvik Mining and Construction in India. Commenting on the potential of Indian market he said, “In the mining sector sustainable growth is obviously imperative to run the country’s budget and trade deficit down and fulfil the local energy needs but needs to be up to environmental standards”
In the April 2011 issue of this magazine we published a detail update on the Mumbai Metro. Here, V B Gadgil, chief executive and managing director of L&T Metro Rail (Hyderabad) gives an overview of the upcoming metro project in Hyderabad. It is set to be a jewel of southern-India
This will impact the growth of the IT sector, which contributes 50% of the office space demand in India. We are looking at a potential reduction in the expected levels of demand for IT-centric office spaces by next year. In the current year, we will not see a significant reduction in demand since it will continue to be driven by existing contracts -Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India
From creating skyscrapers to addressing the issues of Indian architects not being allowed to practice overseas to challenging the government over policy guidelines, Architect HAFEEZ CONTRACTOR raises his concerns about housing the future population. Edited excerpt from his interview with Subhajit Roy
It was a rare opportunity for us sharing few moments with
Architect Karan Grover - one of the pioneers in sustainable building designing. From the basic of architecture to the influence of modern technology in today’s living: the master of ‘green’ architecture has inimitable views and opinions on every topic discussed. ‘Believe in yourself’ is his mantra for gen-next architects. Excerpts from his interview with Relin Hedly
In an aim to address to address the finance requirements of non-real estate companies, international property consultancy Jones Lang LaSalle India has launched an exclusive corporate finance division. JLL Corporate Finance will address the requirements of corporate which are not in the business of real estate to make informed decisions about acquiring, disposing of or optimally utilising their existing real estate assets while enhancing shareholder value.
The Bureau of Energy Efficiency (BEE) is targeting potential bulk users to generate a market for energy efficient lighting products. It is in talks with the army, central government departments and Indian Railways to increase the sales.
Increasing market share and low dependence on the home market are some of the reasons companies are looking to go overseas. Cheap labour and easy access to raw material are some of the other advantages companies are looking to go global. Additional advantages include expansion of brand equity and increase in shareholder value.
