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Assocham study

Roll-out delays cause Rs 4.5 lakh crore cost overrun for manufacturing projects

Roll-out delays cause Rs 4.5 lakh crore cost overrun for manufacturing projects
According to a recently-released Assocham study, the roll-out of key manufacturing projects is hit by estimated cost overrun of a staggering Rs 4.5 lakh crore, as of FY 2013-14, because of delays in land acquisition, funding constraints, and lack of prompt clearances. The study also observed that, along with the mentioned reasons for the delays [...] Continue Reading »



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