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FY 2013-14

Assocham: Roll-out delays increase manufacturing projects cost by Rs 4.5 lakh crore

Assocham: Roll-out delays increase manufacturing projects cost by Rs 4.5 lakh crore
According to the findings of a study carried out by Assocham, crucial manufacturing projects have had to deal with cost overruns of Rs 4.5 lakh crore, as of FY 2013-14, because of delays in the roll out of the projects. As per the study, the delays in the roll-out of manufacturing projects are generally caused [...] Continue Reading »

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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