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Moneycontrol brings a special ground event ‘India’s Road Ahead’

MediaInfoline December 7, 2017
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Moneycontrol, India’s leading financial platform is organizing India’s Road Ahead, a special on ground conference to be held on 9th Dec at ITC Grand Central from 9am onwards. The event will witness the presence of our Honorable Union Minister for Road Transport & Highways, Shipping, Water Resources, River Development & Ganga Rejuvenation, Shri Nitin Gadkari ji, who will also be the keynote speaker, sharing his vision to have a safe, smart and sustainable Green Road Network across the country.

The event that aims to give impetus to conversations around the next phase of the country’s development will see two riveting panel discussions among Industry veterans such as Rajat Gupta – McKinsey, Shri Sudhir Hoshing (Jt MD IRB),S.G.Paretkar, director, AFCONS, Sanjeev Kaushik, CMD, IIFCL. These esteemed panelists will discuss ‘Achievements on the road front’ with focus on North East roads, land acquisition, tunneling, road building and financing.

The second discussion will also involve popular personalities in the space, such as Kiran Kurundkar – Joint MD, MSRDC, Samruddhi project, CP Joshi – Secretary of roads, PWD, Indranil Pan, Chief Economist, IDFC Bank. The second panel will share their insights and analysis around ‘Advantage India: Unlocking India’s wealth potential,’ to recognize key practices that benefit the country at large.

Commenting about the contribution of road sector in employment, Rajat Gupta, senior partner in McKinsey’s Mumbai said, “In last 2-3 years, the road sector has seen tremendous growth and has also created lot of employment. This sector has also helped in creation of large enterprises. In the last decade, EPC or road contract companies have grown 10 times but in time to come these companies will grow 10 times further and for that they will not have to wait for 10 years.”

Keeping in mind the conference, CP Joshi, secretary roads, PWD, Maharashtra said, “The challenges often posed to road building and maintenance organisation like PWD are many.” But the few challenges that exist are the exponential growth of traffic; rapid urbanisation and industrialisation of state; increased focus on tourism and related allied activities; due to new schemes like Jalyukt Siwar, increased farm productivity; and the ever-increased need for good riding quality of road pavements as the consumer need of the people and to meet their expectations. During the conference, he plans to elaborate on solutions to make available smooth, safe, smart and sustainable road network for the State of Maharashtra.

The compelling discussions will include talks around the economic impact of the changing landscape, future prospects, employment in the country, current policies, responsible driving, safety measures and more. With the road sector backed by National Highways Authority of India (NHAI) and being open for 100 percent Foreign Direct Investment (FDI), the platform will also explore the indutry’s growth in the coming years. The engaging on-ground seminar will be supplemented by an exhaustive online destination on moneycontrol.com allowing audiences to follow the event, read relevant news and articles as well as check other details.

Gautam Shelar, Business Head, moneycontrol commented, “India has the 2nd largest road network in the world. With 60 percent of goods transportation being carried out via the roadways in the country, it has become imperative to analyse, understand and gather the right insights to pave the path ahead. With India’s Road Ahead we aim to carry out conversations on one platform with transformational players of Indian infrastructure, construction companies, government authorities, leaders and key industry representatives, to propagate the implementation of new ideas and thinking amongst industry players.”

The agenda of this event is to serve as a platform to generate thoughts and develop sustainable solutions to address the current infra-economic problems being faced by our country.

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