June 16-22, 2014 1

Volume 3 l Issue No 24 l June 16-22, 2014 l Price: Rs 100An MMR, Braj Binani Group Publication

Japan, Korea show interest in Centre’s $4-5 b infra fund

already begun discussions with potential investors and that the fund size could be anywhere between $4-5 billion.

The idea is to boost infrastructure projects in India, particularly road

In an attempt to provide the much-needed boost to the infrastructure sector of the economy, the Narendra Modi government is planning a multi-billion dollar infra fund to push investments. The Road Ministry has

stakeholders. Gadkari held a meeting with the Highways Ministry and the National Highways Authority of India (NHAI) officials recently where it was decided that region wise reviews of projects will be held, especially those that are languishing.

The ministry will also take up the issue of land acquisition costs as per the new Land Act and apprise the minister of the difficulties it will impose on the highways sector and the possible alternatives.

Housing prices rose by up 7 pc in 12 major cities: NHB

Housing prices have increased by up to 7.1 per cent in 12 major cities, including Delhi and Mumbai, in January-March period of this year due to a surge in demand, said the National Housing Bank (NHB).

The prices witnessed an increase ranging from 1.3 per cent in Bhopal to 7.1 per cent in Surat in comparison to that in the previous quarter of October-December, 2013, stated the quarterly update of NHB Residex.

Prices, however, fell in 12 other cities, ranging from -0.6 per cent in Vijayawada to -5.7 per cent in Patna.

Indices for Faridabad and Kochi remained stagnant. Ahmedabad saw a price rise of 6.1 per cent, Chennai 5.8 per cent and Kolkata 5.1 per cent.

Lucknow saw 4.9 per cent rise, Raipur 4.4 per cent, Mumbai 3.2 per cent, Nagpur 2.9 per cent, Dehradun 2.7 per cent, Hyderabad 2.2 per cent, Delhi 1.5 per cent and Bhopal 1.3 per cent.

Cities which witnessed a decline include Jaipur (-3.8 per cent), Guwahati (-3.75 per cent), Bengaluru (-3.6 per cent), Meerut (-3.5 per cent),

Centre to fund EPE project after private players shy away

Cidco implements 26-point agenda

for PAPs in Navi Mumbai

After failing to get private players to bui ld the Eastern Peripheral Expressway (EPE) on toll mode in the past six years, the Centre is now set to fund the project. To push widening of the Gurgaon-Jaipur highway stretch, bankers have been asked to submit their plan to replace the present developer before the August 23 deadline. These were two of the delayed projects discussed at a high level meeting on June 10, where officials from the NHAI and the Road Ministry were present.

Sources said the Road Ministry will soon move a proposal on the public funding of EPE for government approval. The 135 km expressway project connecting Palwal (NH-2), Ghaziabad (NH-24) and Kundli

In a path-breaking in i t iat ive for all inclusive development of PAPs of Navi Mumbai, Cidco has implemented a 26-point programme to expedite process of 12.5 per cent scheme and resolve other related issues, benefitting thousands of PAPs of the region. The programme is aimed at bringing more transparency and channelizing the rehabilitation activities.

The programme for welfare of PAPs, which was approved by the board of directors of Cidco in August 2013, has helped people of 95 villages which have been impacted by development projects in Navi Mumbai.

The one-of-its-kind PAPs welfare and rehabilitation programme charted out by Cidco has witnessed digitization of records, training and employability plan for youth, allotment of land for public amenities, creating social infrastructure and financial assistance of various cultural activities of PAPs.

The 26-point agenda, a brainchild of Cidco’s Vice Chairman & Managing Director, Sanjay Bhatia, is in keeping wi th the commitment given to PAPs regarding compensation and rehabilitation.

The success of the programme can be gauged from the fact that nearly 80 per cent of the 12.5 per cent land compensation scheme is complete. The scheme is to give back

(NH-1) would cost the government nearly Rs 4,500 crore.

The government funding won’t be a bad proposition in comparison to the proposal of providing government assistance up to 40 per cent to make the project financially viable for any successful private player.

In case of government funding, the NHAI will have the right to collect toll and recover the investment. According to officials, there was detailed discussion on the much delayed Gurgaon-Jaipur highway project in which the bankers also participated.

“We have asked them to submit their plan to replace the developer. Since the lead banker has to consult the other financial institutions that have provided loan to this project,

a plot 12.5 per cent proportionate to the area the PAP has surrendered for Navi Mumbai.

Cidco initiated a movement to clear files in a stipulated time and bring more transparency in the system. Entire data has been digitized and allotment is now done village-wise instead of individual basis as earlier.

I t has a lso p lanned c luster development scheme for the PAPs who have ra ised unauthor ized structures for their needs in the past. They will also get additional FSI. The compensation, rehabilitation and resettlement package, better than the provisions of the recent Land Acquisition Act, has been prepared and approved by the state government for the PAPs of the Navi Mumbai International Airport.

Cidco is also partnering with the Tata Institute of Social Sciences (Tiss), which is engaged in skill development of the PAPs and preparing them for various competitive exams. Its tie-up with the National Institute of Fashion Technology (Nift) has seen 49 PAP women completing their dress designing course.

Besides monetary benefits to the PAPs, Cidco has made it mandatory for contractors to sublet the work such as ground leveling of the airport area to the tune of 50 per cent to the PAPs.

we have given them time. We expect them to come out with the proposal in the next few weeks,” said an NHAI official. Since in all such projects, the finances of banks are involved, they have the first right to substitute the developer. If bankers fail to do so, the NHAI can take over the project, said sources.

The Road Ministry and the NHAI also discussed the much-delayed 6- lan ing of Panipat-Ja landhar highway project. Officials said that a decision was taken to file a review petition in the Supreme Court seeking re-examination of its verdict. The apex court had directed the NHAI to allow shifting of two toll plazas and granting extension till March 2015 to complete the project.

projects. Japanese and Korean investors have already showed interest in participating in the fund. A PPP model will be followed for the projects. .

Union Road Transport, Highways

& Shipping Minister Nitin Gadkari is expected to meet the likely investors in the next few weeks. The fund could see the light of day very soon, with the government working on a less than six months’ timeline. The minimum commitment guarantee to be given to investors could be 3 per cent.

The slow-moving highway projects are likely to be kick-started with the Highways Ministry planning to review all ongoing projects along with all

Bhubaneshwar (-3.47 per cent) and Ludhiana (-3.3 per cent).

Prices fell in Chandigarh by (-2.7 per cent), Coimbatore (-1.7 per cent), Indore (-1.6 per cent), Pune (-1.3 per cent) and Vijayawada (-0.6 per cent).

The Residex for the quarter January-March 2014 constructed for 26 cities has taken into account the price trends for residential properties in different locations and zones in each city. It is based on the transaction data received from the Central Registry of Securitisation Asset Reconstruction & Security Interest of India (CERSAI).

June 16-22, 2014 2Building materials

Import: Cement, Cement Products & Building Materials Date Product Description Port Code Foreign Port Quantity (Kgs) Value (Kgs) CIF Rate

Refractory bricks, blocks & tiles 3/1/2014 CERAMIC MUM CHINA 27706 2244006.38 81.03/4/2014 ALUMINA LINING BRICK JNP CHINA 153000 4989055.6 32.63/4/2014 ANKERTAR CHN AUSTRIA 7000 286830.56 40.983/4/2014 AOD LINING BRICKS AHM GERMANY 93851.1 4370878.35 46.63/4/2014 BRICKS TRL SIC VIZ CHINA 144848.4 17910532.04 123.73/4/2014 BROKEN REFRACTORY TILES KOL MALAYSIA 48134 702024.53 14.583/4/2014 CONVERTER REFRACTORIES CHN AUSTRIA 4500 174530.05 38.783/4/2014 HASLE D59A DENSE CASTABLE JNP DENMARK 15000 1470570.04 98.043/4/2014 HIGH ALUMINARE FRACTORY BRICK PIP SPAIN 80104 5692517.18 71.13/4/2014 HIGH BURNT BRICKS JNP GERMANY 140395 12163154.91 86.63/5/2014 HIGH BURNT PERICLASE SPINEL-BRICKS JNP GERMANY 19541 1803524.58 92.33/5/2014 MAGNESIA CARBON BRICKS KOL CHINA 82070 10778270.64 131.33/5/2014 MAGNESIA DOLOMITE BRICK AHM CHINA 696887.9 31552864.02 45.33/5/2014 MAGNESIA REFRACTORY BRICKS CHN AUSTRIA 422201 25990764.07 61.63/5/2014 MAGNESITE SPINEL BRICKS JNP CHINA 592621.8 22172778.48 37.43/5/2014 REFRACTORIES BRICKS KOL AUSTRIA 442.6 32545492.49 73532.53/5/2014 REFRACTORY JNP GERMANY 636.86 784172.43 1231.313/6/2014 REFRACTORY CHN CHINA 484117.23 25508156.91 52.73/6/2014 REFRACTORY BRICK JNP AUSTRIA 3456 3461406.91 1001.563/6/2014 REFRACTORY BRICK JNP GERMANY 6177 316394.45 51.223/6/2014 REFRACTORY BRICK JNP GERMANY 5156 264097.14 51.223/6/2014 REFRACTORY BRICK LUD CHINA 104057.6 2682077.84 25.83/6/2014 REFRACTORY BRICK JNP GERMANY 149998 7683097.42 51.23/8/2014 REFRACTORY BRICK AHM CHINA 50582.3 2119232.76 41.93/11/2014 REFRACTORY BRICK JNP GERMANY 1177 109084.34 92.683/12/2014 REFRACTORY BRICK JNP GERMANY 5162 478414.84 92.683/12/2014 REFRACTORY BRICK JNP CHINA 980109.3 74431278.71 75.93/12/2014 REFRACTORY - FLOATING PARTICLE BRICK KOL CHINA 881088.54 30853885.25 35.03/12/2014 REFRACTORY - SILICA BRICK KOL CHINA 343022.1 13748676.53 40.13/12/2014 REFRACTORY BRICKS JNP GERMANY 285337 24624769.78 86.33/12/2014 REFRACTORY BRICKS JNP CHINA 44779 2932854.13 65.53/16/2014 REFRACTORY BRICKS JNP AUSTRIA 7200 343291.68 47.683/16/2014 REFRACTORY BRICKS JNP AUSTRIA 2400 145348.13 60.563/18/2014 REFRACTORY BRICKS DAR GERMANY 14413 5981629.96 415.03/18/2014 REFRACTORY BRICKS DAR GERMANY 96209.9 8063839.46 83.83/18/2014 REFRACTORY BRICKS JNP CHINA 32120 1592894.8 49.63/18/2014 REFRACTORY BRICKS JNP ITALY 9734.4 2575304.51 264.563/18/2014 REFRACTORY BRICKS JNP ITALY 5880 1450099.15 246.623/18/2014 REFRACTORY CULLET CHN JAPAN 10000 1292064.63 129.213/18/2014 REFRACTORY FOR STEEL KOL JAPAN 93 10183.25 109.53/19/2014 REFRACTORY FOR STEEL MAKING POROUS KOL JAPAN 50 20367.21 407.343/20/2014 REFRACTORY MAGNESIA CARBON BRICKS KOL CHINA 4327577.96 217039532.9 50.23/27/2014 REFRACTORY MATERIAL JNP GERMANY 1800 717478.25 398.63/27/2014 REFRACTORY MATERIAL BRICKS GUR CHINA 497920 19461401.98 39.13/27/2014 REFRACTORY MATERIAL BRICKS GUR GERMANY 121449.98 5278690.79 43.53/27/2014 REFRACTORY MATERIAL BRICKS JNP CHINA 23970 1292302.58 53.93/27/2014 REFRACTORY MATERIAL MAGNESITE BRICKS JNP CHINA 95210 2899194.89 30.53/27/2014 REFRACTORY MATERIALS JNP U K 6000 95001.67 15.833/27/2014 REFRCTORY - EXPANDED PEARLITE BRICK KOL CHINA 11000 950180 86.383/27/2014 SPECIAL HIGH-ALUMINA BRICKS JNP SPAIN 20566 2286119.33 111.23/28/2014 TORPEDO LADLE BRICKS JNP CHINA 19101.3 1281110.03 67.1 Total 11175854.27 637621428.6 57.1

Other refractory ceramic goods 3/5/2014 BRICK MARK JNP CHINA 304997.56 13308135.41 43.63/5/2014 CERAMIC REFRACTORY JNP ITALY 2998.8 917628.25 3063/5/2014 GRAPHITE CRUCIBLE JNP UAE 39 24981.14 640.543/5/2014 GRAPHITE POWDER CHN FRANCE 50 176371.25 3527.433/5/2014 REFRACTORIES JNP CHINA 5552 312451.77 56.283/5/2014 LADLE PURGING REFRACTORIES JNP AUSTRIA 2136 948131.44 443.93/5/2014 REFRACTORIES JNP CHINA 4243 166714.7 39.293/5/2014 REFRACTORIES JNP CHINA 5110 282698.04 55.323/5/2014 REFRACTORY MATERIALS KOL CHINA 3220 658761.77 204.63/8/2014 REFRACTORY MATERIALS KOL POLAND 1218 697337.58 572.533/8/2014 REFRACTORY MATERIALS KOL POLAND 7610 4197860.3 551.623/8/2014 REFRACTORY MATERIALS KOL GERMANY 728 872420.72 1198.380113/8/2014 REFRACTORY MATERIALS KOL ITALY 2030 1153169.5 568.13/8/2014 REFRACTORY MATERIALS KOL CHINA 15871 3092113.43 194.83/8/2014 SPHERICAL CERAMIC SAND JNP JAPAN 40000 1964862.08 49.13/12/2014 SILICON CARBIDE JNP CHINA 183.15 180935.69 987.93/12/2014 REFRACTORY CERAMIC KOL CZECH. 1064 404764.01 380.423/12/2014 REFRACTORY CERAMIC GOODS KOL USA 711.07 1066221.87 1499.53/12/2014 REFRACTORY CERAMIC GOODS JNP GERMANY 2997 1658882.4 553.513/12/2014 REFRACTORY SHEETS MUM USA 30 610144.76 20338.163/14/2014 REFRACTORY MATERIALS KOL GERMANY 1967 534862.5 271.93/14/2014 SILICA (SAND) CHN USA 14550.36 366132.29 25.163/14/2014 REFRACTORY MATERIALS KOL POLAND 5176 1692857.83 327.13/14/2014 CERAMIC FIBER JNP CHINA 56381 2146438.9 38.13/14/2014 CERAMIC FIBER KOL THAILAND 3.94 4192.71 1064.143/14/2014 REFRACTORY CERAMIC CHN CHINA 12846.5 1291174.65 100.53/14/2014 REFRACTORY MATERIAL JNP U K 2625 241764.57 92.13/14/2014 REFRACTORY MATERIAL KOL CHINA 11947.49 1127246.8 94.43/14/2014 REFRACTORY MATERIAL KOL GERMANY 2539 308271.41 121.413/14/2014 CASTABLES CHN JAPAN 10000 356855.95 35.693/14/2014 CERAMIC (REFRACTORY) JNP CZECH. 23110 8897810.64 385.03/14/2014 CERAMIC JNP GERMANY 975 402155.56 412.473/14/2014 CERAMIC JNP CHINA 9178 1886904.04 205.63/14/2014 CERAMIC FIBRE JNP U K 2496 744914.97 298.443/19/2014 REFRACTORY MATERIALS KOL AUSTRIA 1387 247268.53 178.33/19/2014 REFRACTORY MATERIAL VIZ GERMANY 21736 5992190.67 275.683/19/2014 REFRACTORY ITEMS MUM U K 166 177221.75 1067.63/19/2014 REFRACTORY CERAMIC GOODS JNP CHINA 1410 172412.54 122.283/19/2014 REFRACTORY CERAMIC GOODS JNP CHINA 1170 146043.6 124.823/19/2014 REFRACTORY CERAMIC GOODS KOL GERMANY 2157 1176956.11 545.643/19/2014 REFRACTORY CERAMIC GOODS JNP GERMANY 1803 870776.5 482.963/19/2014 REFRACTORY CERAMIC GOODS JNP CHINA 18696.4 3283090.64 175.63/19/2014 REFRACTORY CERAMIC GOODS TUG USA 26455.2 2523398.42 95.383/19/2014 REFRACTORY CERAMIC GOODS TUG USA 13227.6 1261699.22 95.383/19/2014 REFRACTORY CERAMIC GOODS KOL U K 247.3 182405.67 737.593/19/2014 REFRACTORY CERAMIC GOODS KOL U K 18.7 13792.3 737.563/19/2014 REFRACTORY CERAMIC GOODS KOL GERMANY 34397 8012893.89 232.95 Total 677455.07 76756318.77 113.3

Tiles 3/15/2014 ACOUSTIC CEILING TILES JNP USA 765 43423.62 56.763/15/2014 ACOUSTIC CEILING TILES JNP USA 108 61303.96 567.633/18/2014 CONNECTOR ROOF TILES JNP GERMANY 21185 531996.16 25.13/18/2014 MONIER PLANO TILES BAN MALAYSIA 53 4597.45 86.73/25/2014 RED VERTICAL RIGHT EDGE(ROOF TILE) JNP SPAIN 59215.95 975985.32 16.53/25/2014 ROOFING TILES JNP FRANCE 65853.6 2703353.69 41.13/25/2014 SPANISH TILE JNP USA 112860 2845597.71 25.23/25/2014 SPANISH TILE JNP USA 4248 148476.53 35.0 Total 264288.55 7314734.44 27.7

Tiles 3/12/2014 VITRIFIED TILES JNP CHINA 1009800 510276.22 0.53/20/2014 VITRIFIED TILES TUT ITALY 94 184849.34 1966.483/27/2014 CERAMIC TILES MUN SPAIN 104 1538.13 14.79 Total 1009998 696663.69 0.7

Ceramic wares 3/5/2014 CERAMIC MATERIAL JNP USA 226.8 106127.55 467.933/5/2014 CERAMIC CYLINDRICAL JNP GERMANY 574.9 2248107.49 3910.43/5/2014 FOAM CERAMIC FILTER JNP CHINA 94473.07 4467899.56 47.33/5/2014 SANITARY FITTING JNP THAILAND 0.02 653.33 32666.53/9/2014 CERAMIC BALLS JNP GERMANY 6600 489341.12 74.143/9/2014 CERAMIC POT JNP CHINA 5878 648512.43 110.33/10/2014 CERAMIC WARES MUM USA 6.8 7188.68 1057.163/10/2014 CERAMIC BEADS MUM JAPAN 40 503299.16 12582.483/10/2014 CERAMIC CUTTER BAN SINGAPORE 11.27 1391.24 123.453/10/2014 CERAMIC BALLS MUL DENMARK 15132.5 1908776.29 126.13/16/2014 SILICON CARBIDE JNP CHINA 171 172904.94 1011.143/16/2014 CERAMIC CARTRIDGE (SANITARY WARE) JNP SPAIN 259.84 392581.49 1510.863/16/2014 CERAMIC CARTRIDGE ( SANITARY WARE) JNP SPAIN 296.96 448664.56 1510.863/16/2014 CEARMIC WARE GUR CHINA 170755.94 6283976.2 36.83/16/2014 SETTLING SET FOR CERAMIC MEDIA DEL ITALY 10 6564.42 656.443/16/2014 CERAMIC CHN KOREA 700 203265.33 290.38 Total 295137.1 17889253.79 60.6

Date Product Description Port Code Foreign Port Quantity (Kgs) Value (Kgs) CIF Rate

Ceramic sinks 3/1/2014 SANITARYWARE & FITTINGS JNP GERMANY 396.01 358020.64 904.13/1/2014 SANITARYWARE JNP HUNGARY 713 207429.92 290.933/1/2014 SANITARYWARE JNP HUNGARY 1995 563035.81 282.223/1/2014 WHITE CERAMIC BASIN JNP CHINA 640 70461.02 110.13/1/2014 WHITE CERAMIC BASIN JNP CHINA 1586.86 200754.34 126.53/4/2014 PANACHE WASH BASIN JNP THAILAND 6429.16 731369.09 113.83/4/2014 WHITE CERAMIC BASIN JNP CHINA 6554.87 848983.19 129.53/4/2014 WHITE CERAMIC BASIN JNP CHINA 1610.9 293333.98 182.13/4/2014 IRON/ IMPRESSIONS JNP USA 134.57 33874.76 251.73/4/2014 CERAMIC BASIN JNP CHINA 100 7451.2 74.513/6/2014 TOILET W/SEAT JNP USA 1581.82 336549.06 212.763/6/2014 CERAMIC BASIN JNP THAILAND 533.6 80652.85 151.153/6/2014 CERAMIC BASIN JNP CHINA 102.5 8521.13 83.133/6/2014 CERAMIC BASIN JNP CHINA 150 12574.35 83.833/6/2014 WASHBASIN JNP USA 123.4 26952.35 218.413/10/2014 WASHBASIN JNP HUNGARY 1505.5 302438.69 200.93/10/2014 CERAMIC BASIN JNP CHINA 3409 414211.79 121.53/10/2014 CERAMIC SANITARYWARE JNP CHINA 11333.9 1175234.95 103.73/10/2014 SANITARYWARE & FITTINGS JNP GERMANY 14 12041.36 860.13/10/2014 SANITARYWARE & FITTINGS JNP GERMANY 58 43369.99 747.763/11/2014 WHITE CERAMIC BASIN JNP CHINA 60 6846.44 114.113/11/2014 KATAGAMI JNP USA 12.73 40165.37 3155.173/11/2014 WASHBASIN JNP CHINA 23391.2 2497996.79 106.83/11/2014 COMPLETE SET TOILET WT-5 SET JNP THAILAND 283 71686.06 253.313/11/2014 COMPLETE SET TOILET WT-5 SET JNP THAILAND 452.8 115442.41 254.953/11/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 141 15741.04 111.643/11/2014 BASIN (CERAMIC) JNP CHINA 270 11529.5 42.73/11/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 17 2446.77 143.933/11/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 4.17 1488.49 356.953/11/2014 CERAMIC SANITARY WARE BASIN JNP CHINA 37.6 5548.05 147.553/12/2014 CERAMIC SANITARYWARE JNP MALAYSIA 142 54794.3 385.883/12/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 3614.4 353059.33 97.73/12/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 21.2 1573.95 74.243/12/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 3267 417057.58 127.663/12/2014 TOTO SANITARY WARES & FITIINGS JNP CHINA 4350 737480.91 169.543/13/2014 TOTO SANITARY WARE & FITTINGS JNP INDONESIA 25107.2 3095632.86 123.33/13/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 229.55 68470.47 298.283/13/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 2.6 443.73 170.673/13/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 1040 147304.22 141.643/13/2014 TOTO SANITARY WARES & FITTINGS MUM JAPAN 52 187553.77 3606.83/15/2014 TOTO SANITARY WARES & FITTINGS JNP CHINA 24509.5 2407694.26 98.23/15/2014 WASH BASIN SANITARY WARE TUG CHINA 7040 499484.22 70.953/15/2014 WASH BASIN SANITARY WARE TUG CHINA 6160 591455.2 96.023/15/2014 TOTO SANITARY WARES & FITTINGS JNP VIETNAM 2220 249465.43 112.43/15/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 4620 421868.99 91.33/16/2014 TOTO SANITARY WARES & FITTINGS JNP VIETNAM 2000 271740.2 135.873/16/2014 TOTO SANITARY WARES & FITTINGS JNP VIETNAM 1000 231393.44 231.393/16/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 425 37689.66 88.683/16/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 170 15075.87 88.683/16/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 18476.3 3490853.88 188.93/19/2014 TOTO SANITARY WARES & FITIINGS JNP CHINA 289.6 95552.87 329.953/19/2014 TOTO SANITARY WARES & FITIINGS JNP CHINA 616.5 110736.28 179.623/19/2014 TOTO SANITARY WARE & FITTINGS JNP INDONESIA 2507.4 487522.05 194.43/19/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 2039 331624.04 162.63/19/2014 SANITARY WARE JNP CHINA 76793.98 6262897.88 81.63/19/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 150 28716.59 191.443/20/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 60 11486.64 191.443/20/2014 SANITARY WARE AHM OMAN 7615 833243.76 109.43/20/2014 SANITARY WARE JNP CHINA 39398.7 3742125.24 95.03/20/2014 SANITARY WARE JNP ITALY 6000 2115161.66 352.53/20/2014 SANITARY WARE JNP CHINA 72795.4 5936045.2 81.53/22/2014 SANITARY WARE JNP GERMANY 2643 820351.65 310.43/22/2014 SANITARYWARE JNP CHINA 67253.95 4636525.7 68.93/22/2014 SANITARYWARE PRODUCTS JNP THAILAND 1440 122448.63 85.033/22/2014 SANITARYWARE PRODUCTS JNP THAILAND 0.6 329.59 549.323/22/2014 SANITARYWARE PRODUCTS JNP CHINA 63 8760.27 139.053/23/2014 SANITARYWARE AHM OMAN 693 77578.38 111.953/23/2014 SANITARYWARE AHM OMAN 4710 426420.51 90.543/23/2014 SANITARYWARE JNP THAILAND 477.44 41955.37 87.883/23/2014 SANITARYWARES AHM CHINA 37747.9 2220906.94 58.83/23/2014 SANITARYWARES AHM OMAN 37903 3777694.59 99.73/25/2014 SANITARYWARES: WASH BASIN AHM CHINA 499172.68 35905761.17 71.93/25/2014 TOTO SANITARY WARES & FITTINGS JNP THAILAND 1342 243775.07 181.73/25/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 6.9 688.68 99.813/25/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 105 22716.7 216.353/25/2014 SANITARY WARE JNP CHINA 5797 381984.71 65.93/27/2014 MADE OF CERAMICS JNP GERMANY 437 275557.3 630.573/27/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 617.7 60378.48 97.73/27/2014 SANITARY WARE JNP CHINA 5775 481599.25 83.43/27/2014 TOTO SANITARY WARES & FITTINGS JNP INDONESIA 3186.5 482869.96 151.5 Total 1045725.59 91719658.82 87.7

Ceramic tableware 3/5/2014 CERAMIC BATHROOM SET JNP CHINA 55857.1 5952207.25 106.63/5/2014 CERAMIC PLATE JNP CHINA 112 6396.75 57.113/5/2014 BATH ROOM SET (CERAMIC) JNP CHINA 2764 186477.18 67.53/5/2014 CERAMIC WARE JNP CHINA 12347.5 948732.7 76.83/16/2014 SANITARYWARE WASH BASIN JNP ITALY 198 19615 99.073/27/2014 SANITARY WARE JNP CHINA 23760.38 1142173.9 48.13/27/2014 CERAMIC SNITARY WARE JNP THAILAND 12332.83 1517950.35 123.13/27/2014 CERAMIC BATH ROOM SETS JNP CHINA 39778.6 3764949.12 94.63/27/2014 CERAMIC CLAY FOR TILE JNP ITALY 82 7391.68 90.143/16/2014 CERAMIC SANITARY WARES JNP CHINA 54338.5 3400317.97 62.63/16/2014 CERAMIC WARE JNP THAILAND 1612.8 255830.02 158.63/16/2014 CERAMIC WARE JNP CHINA 6814 496760 72.9 Total 209997.71 17698801.92 84.3

Ceramic 3/3/2014 CERAMIC YARN KOL CHINA 9414 1146513.73 121.83/4/2014 CERAMIC GOODS JNP CZECH. 133.75 30588.64 228.73/4/2014 CERAMIC GOODS JNP CZECH. 160 39024.11 243.93/4/2014 GLAZED POTS HYD VIETNAM 24000 612816.15 25.533/6/2014 HIGH ALUMINA LINING BRICKS MUN CHINA 59200 3989839.73 67.43/6/2014 INSULATING STANDARD BRICKS JNP DENMARK 20144.86 1308054.77 64.933/10/2014 INSULATING STANDARD BRICKS JNP DENMARK 5215.58 513734.13 98.53/11/2014 CERAMIC GOODS JNP CZECH. 141.25 223772.17 1584.23/25/2014 CERAMIC GOODS MUM GERMANY 435 195404.02 449.23/25/2014 CERAMIC GOODS JNP SWEDEN 66 35327.88 535.273/25/2014 CERAMIC GOODS JNP USA 91854 2586842.87 28.163/25/2014 CERAMIC GOODS MUM CZECH. 115 116947.3 1016.933/25/2014 CERAMIC GOODS JNP CHINA 1100 244120.64 221.9 Total 211979.44 11042986.14 52.1

Articles of plaster 3/3/2014 GYPSUM DOMES & CEILING PANELS CHN MALAYSIA 68917.15 800664.65 11.63/4/2014 GYPSUM CHN S. ARABIA 158880 1408498.19 8.93/4/2014 GYPSUM BLOCK SIZE JNP IRAN 30238 327624.35 10.833/4/2014 GYPSUM BOARD HYD PAKISTAN 39375 317144.81 8.053/4/2014 PVC GYPSUM CEILING TILES JNP CHINA 131250 1703010.65 13.03/6/2014 GYPSUM BOARD CHN MALAYSIA 36000 458261.1 12.733/6/2014 PLASTER CORNER WHITE COC UAE 209681 2730419.7 13.03/6/2014 CEMENT PLASTER JNP JAPAN 1000 2914.87 2.913/6/2014 GYPSUM KOL MALAYSIA 33860.74 234960.74 6.93/17/2014 PVC FACE GYPSUM CEILING TILES ALUMINIUM JNP CHINA 21000 160547.16 7.653/17/2014 PVC FACE GYPSUM CEILING TILES ALUMINIUM JNP CHINA 21000 160547.16 7.653/17/2014 GYPSUM CEILING JNP CHINA 162729.5 1949163.73 12.03/17/2014 GYPSUM BOARD TUT PAKISTAN 202125 1761406.51 8.73/19/2014 GYPSUM TILES CHN THAILAND 37700.16 413524.33 10.973/19/2014 GYPSUM CHN THAILAND 361600 3160010.79 8.743/19/2014 GYPSUM JNP S. ARABIA 600000 4807162.67 8.03/19/2014 FLYASH JNP GERMANY 44280 2177015.83 49.23/25/2014 GYPSUM BLOCKS JNP IRAN 11450 40884.24 3.573/26/2014 TILES WALL KOL CHINA 232 318678.03 1373.613/29/2014 GYPSUM CENTRE PANELS CHN MALAYSIA 16212.8 257344.38 15.93/29/2014 CEMENT JNP SRI LANKA 63.42 3405.54 53.7 Total 2187594.77 23193189.43 10.6

June 16-22, 2014 3in PersOn

‘By 2017, Indian elevator segment will grow to 70,000 units’

From airports to shopping centres and transit systems, Otis offers an array of product options for both public and commercial applications. The company has a comprehensive line of elevator choices designed to meet vertical transportation needs of every type and design.

How has Otis pioneered innovative technology over the years for building and construction companies in India?

At Otis, we are constantly looking to develop innovative technology to meet our customers’ requirements. Otis products can help achieve substantial energy savings and facilitate environmental sustainability.

For example, our flagship product, the Gen2 range of elevators, provides both efficiency and environmentally responsible features and benefits. Some of the key components of the Gen2 range are the coated steel belt, the ReGen drive, the permanent magnet machine and the Otis Pulse bel t-moni tor ing system. When combined, these components increase the life, efficiency, safety and reliability of the elevator.

The environmentally sustainable elevator segment in India is strong, as shown by the growing amount of Green real estate space. There are 2 billion sq ft of Green building footprint and more than 2,400 buildings registered with the Indian Green Building Council (IGBC). The examples of Otis innovations include:

Localized world-class technology: Bui ld ing owners are aware of technologies available all over the world. Therefore, it is important to meet the demand for the latest innovation in a way that is specifically tailored for the needs of the region. The recently launched Gen2 Switch elevator is one such product.

Gen2 Switch is easy to install and features single-phase battery operation that is designed to manage power interruptions, such as those experienced in parts of India. Under normal running mode, the single-phase power supply charges a pack of batteries, which, in turn, supply power to the elevator motor.

In the event of a power failure, the battery pack continues to operate the elevator up to 100 stops, reducing the potential of an elevator stopping because of a power loss. Gen2 Switch is also simpler, as it uses a 230-volt, single-phase power supply instead of the conventional 400-volt, three-phase power supply, thus making it ‘plug-and-go’. The environmentally-responsible design, coupled with compatibility with alternative energy sources like solar panels, makes it truly sustainable.

Tall technology: Our city structures are growing vertically, so it is important to innovate high-speed elevators that can transport people to their destinations safely in the shortest

range of operation-critical functions for an elevator from any computer with an Internet connection.

The EMS Panorama system offers comprehensive, real-time data that shows building managers the full picture, enabling them to respond quickly to passengers’ needs and make informed decisions about equipment operations with great certainty.

Elite Service is a priority service that goes beyond maintenance. Otis has invested in an extensive technological infrastructure to bring this new service offering and unparalleled benefits to customers. It offers customers guaranteed upt ime and faster response times.

Dedicated Elite Service engineers deliver enhanced service and help ensure that service interruptions and customer requests are responded to promptly so that the amount of time that the customer’s elevator is out of service is kept to a minimum.

What are the newest trends in the elevator market? Tell us about sustainable solutions offered to meet the country’s growing needs.

India’s demographics, rapid u rban iza t ion and rea l es ta te deve lopment dr ive s ign i f icant

building occupants from intruders. The web-based EMS Panorama system (as described in answer 1) enables building staff to monitor, control, report on and manage a full range of operation-critical functions for an elevator from any computer with an Internet connection.

Secure access technologies have codes designated to particular floors. For instance, when a passenger inserts a valid card into the card reader, he or she will be allowed to register a call to a defined number of floors. This helps ensure that only those authorized are able to visit a particular floor, increasing building security.

How have you performed in the previous year? How does that compare with the previous years on a y-o-y basis? Looking at the current economic situation, how do you view the elevator and escalator market in the country shaping up?

Otis has delivered consistent results. Last year, Otis won two major contracts: Hyderabad Metro Rail Project by L&T Metro Rail (Hyderabad) Ltd (LTMRHL) and Delhi Metro Rail Corporation (DMRC).

India is currently the second-largest segment in the world for elevators with a demand of approximately 47,000 units per year. According to a report from the McKinsey Global Institute, by 2008 India’s cities were already home to 340 million people, roughly 30 per cent of the country’s population.

By 2030 India’s cities are expected to grow to 590 million people, or 40 per cent of the population. As urbanization drives the increased need for housing, the elevator industry will play an important role in supporting that growth. The Indian elevator segment is expected to grow to 70,000 units by 2017.

Many international companies, despi te the s lowdown, have introduced new technologies over the year. Where have you seen your growth coming from – infrastructure, housing or office/retail?

Residential development is the key sector driving growth for the industry, accounting for the majority of revenue. The commercial sector is also a significant factor given the urbanization trend that we see across India.

Kamal Nath, Union Minister for Urban Development & Parliamentary Affairs, projects that India will spend $1 trillion on infrastructure development in the country over the plan period 2012-17, with 40 per cent of that development coming from the private sector. Future cities and developing economies hold a lot of potential for infrastructure growth.

The government initiative on multi-brand retail will spur the movement of retail development, even in tier-2/-3 cities. All this will lead to growth potential for elevator service providers. Also, states are now changing regulations to include technological upgrades for elevators. Over the past five years, we have seen a few states that have drawn out a regulatory framework for elevators, which is a step in the right direction.

“As urbanization drives the increased need for housing, the elevator industry will play an important role in supporting that growth. Future cities and developing economies hold a lot of potential for infrastructure growth,” predicts, Sebi Joseph, Managing Director, Otis India, in this interview with Remona Divekar. Excerpts:

amount of time. The tallest building in the world, the Burj Khalifa in Dubai, United Arab Emirates, uses the fastest elevators, at 10 meters per second.

We supply high-speed elevators to Kohinoor’s upcoming mixed-use building in Mumbai, where the elevator speed is being planned at about 6 mps. We also provided elevators for the recently developed Center of Excellence high-rise in Shanghai. There is immense opportunity for growth in this technology, especially in Delhi, Mumbai and Bengaluru.

Over the past 100 years, Otis has provided elevators to eight of the world’s 10 tallest buildings, including the Burj Khalifa in Dubai, the Shanghai World Financial Center in China and the iconic Empire State Building in New York City.

Other technologies: Another exciting Otis product is the Compass Destination Management System. Using Otis patented technology, the system constantly evaluates real-time passenger traffic to improve flow and travel time in busy mid- and high-rise buildings.

Instead of using standard hall call buttons, passengers register their specific floor in the lobby before they enter the elevator. The system assigns passengers traveling to nearby floors to the same car, minimizing the number of stops per trip and significantly reducing car crowding, waiting and travel times.

The technology has also been adapted to respond to growing security concerns across segments. The optional compass seamless entry is specifically designed to integrate bui lding security and elevator-despatch systems, through various access devices.

The web-based EMS Panorama system enables building staff to monitor, control, report on and manage a full

demand for energy-efficient building products and services. According to the Indian Green Building Council (IGBC), India currently has 2 billion sq ft of registered Green building space, which comprises more than 2,400 buildings. While much progress has been made, there has been an increased demand for environmentally responsible elevators.

Anticipating this demand, Otis pioneered its flagship product line, Gen2. Geared towards efficiency while providing environmentally responsible benefits, Gen2 offers many features that are designed to increase the elevator’s lifespan, efficiency, safety and reliability. These key components include the coated steel belt, ReGen drive, permanent magnet machine and pulse system.

In keeping with this need, Otis recently introduced a new elevator from the Gen2 range, titled the ‘Gen2 Switch.’

Otis offers an array of product options for both public and commercial applications. How do you address the security issues in your projects at crucial and unpredictable times for safe and smooth functioning?

With today’s technology, an elevator can also help to protect tenants or

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June 16-22, 2014 4

NBCC eyes Oman, Botswana projects

The National Buildings Construction Corporation Ltd (NBCC) is eyeing business overseas and exploring possibilities of projects in Oman, Botswana and neighboring countries. The company is opening office branches in Botswana and Oman and has tied up with a company in Oman for development of an infrastructure project that could hopefully book some revenue in the last quarter this fiscal,” said NBCC Chairman & Managing Director Anoop Kumar Mittal.

NBCC also wants to focus on redevelopment of government p roper t i es . M i t ta l sa id , “The

government has allotted us three projects in the National capital — Netaji Nagar, Kasturba Nagar and Thyagraj Nagar — for redevelopment. The state governments of Odisha and Rajasthan have also assigned projects to the NBCC.

T h e c o m p a n y i s c u r r e n t l y engaged in redevelopment of East Kidwai Nagar, New Delhi, which is Rs 5,000-crore project. The mini Ratna plans to develop housing projects in Faridabad (Haryana), Alwar (Rajasthan), Ghaziabad (Uttar Pradesh) and Kolkata.

inFrastruCture

More VGF for Metros to encourage PPPs

To encourage more private sector participation in Metro and rapid rail projects, the government intends to make investments more remunerative by providing viability gap funding (VGF) of as much as 30-35 per cent.

“The NDA government believes a VGF of close to a third of the total project cost would make it more attractive for concessionaires compared with the current quantum of 20 per cent. A Cabinet note on the enhanced VGF as also easier rules for acquiring land and allowing government-to-government pricing for land is in the works,” said a senior Urban Development Ministry official.

While there are several ongoing public-private partnership (PPP) projects in the Metro space, some have seen costs escalate. For instance, the Hyderabad Metro being constructed by Larsen & Toubro under PPP/build-operate-transfer model, proposed to be completed in

2017, has seen a project escalation, at current interest rates of RS 2,000 crore on an estimated project cost of RS 16,000 crore. V B Gadgil, CEO & MD, L&T Hyderabad Metro, confirmed that costs have run up on the back of higher interest rates, the depreciation of the rupee and inflation.

The Delhi Mumbai Industr ial Corridor (DMIC) Trust will provide Rs 3,000 crore each for the launch of trunk infrastructure in two industrial cities of Dholera and Shendra-Bidkin this year as momentum picks up for the planned mega development.

“We will launch two cities this year and give Rs 3,000 crore each for the development of trunk infrastructure in two cities -- Dholera, Gujarat and Shendra-Bidkin, Maharashtra,” said Talleen Kumar, CEO & Managing Director, DMIC Development Corp Ltd, on the sidelines of the World Cities Summit in Singapore.

Construction work on the Dholera

“We have already indicated to the government that some help might be required in the form of additional VGF,” Gadgil said. He pointed out that it would not be possible to revise the fares too much since it was a public utility.

Special Investment Region, Gujarat and Shendra-Bidkin Industrial Park, Maharashtra will start early next year, he said. Work at Dholera would begin from a 22 sq km activation zone to expand the industrial region development as part of DMIC in Gujarat, while 32 sq. km of land has already been acquired for the Shendra-Bidkin development, he said.

Additional 8 sq. km of land was in the process of acquiring for Shendra-Bidkin, giving 40 sq km start for the Mega Park near Aurangabad. Master planning for almost all the cities has been completed, he added.

DMIC Trust to provide `6,000 cr for Dholera

India Inc bats for removal of Mat on Sez developers, units

Corporate India has urged Finance Minister Arun Jaitley to exempt special economic zones (Sezs) developers and units from the levy of minimum

alternate tax (Mat). After being unable to get their way in recent years for removal of this levy, India Inc is once again making efforts to get this duty

out of the income tax law in respect of Sez developers and units.

A regime change at the Centre and new guard at the Finance Ministry has raised hopes among Sez developers that the Mat levy would go in the upcoming budget.

“We have requested that Mat be totally removed for Sez developers and units. For others, our suggestion is that the Mat rate should be scaled down to say 10 per cent,” said a senior industry representative who attended the pre-Budget meeting with Jaitley recently. This demand is seen as a big task on Jaitley who may not deliver a populist Budget given the fiscal situation.

Industry body Assocham proposed an infusion of $2.5 trill ion to $3 trillion into the Railways for capacity enhancement with high-speed freight and passenger service corridors to drive the country’s economy. In its report ‘Gearing Indian Railway for a 7 trillion dollar economy by 2030’ Assocham has outlined a series of measures and policy initiatives which can be executed for the coming 15 years, helping the Railways to build

a capacity to handle 50 per cent of the freight movement. The report was presented to Railway Minister D V Sadananda Gowda.

“We have suggested the new Rai lway Min is ter a mega plan comprising seven corridor high-speed freight network for transporting goods back and forth from manufacturing to consumption centres and from all major ports within specified time-frame of 36 hours,” said Assocham

Assocham proposes infusion of $3 t in railways

Chairman A K Agarwal, who led the chamber’s delegation along with Secretary General D S Rawat.

He said the plan envisages capacity enhancements with required investments worth $ 2.5-3 trillion, thereby making the Indian Railways an engine of growth by creating jobs across the board at various levels, boost demand for construction, steel, cement, equipment, etc.

Road Ministry wants inter-ministerial

group scrappedThe Ministry of Road Transport &

Highways wants an inter-ministerial group (IMG) for awarding of road projects to be scrapped. Since the NDA government is focusing on hastening of projects, the minister is broadly in agreement with officers, said a senior official. Instead of an IMG, the issues can be resolved within the ministry.

Last week, whi le scrapping the system of groups of ministers handling various things, Prime Minister Narendra Modi asked ministries and departments to resolve disputes themselves. Currently, the IMG for roads also has members from the Planning Commission and the Finance Ministry.

“Mos t t imes , the P lann ing Commission has different views, which lead to delay in projects. If a proposal gets stuck in an IMG, it has to go to the Cabinet, again a lengthy process. We want to eliminate the reasons for delays in revival of the road sector,” says another official.

The ministry is also in the process of making a list of projects stuck due

to various issues. It will mention the point from where the delay started and at which level. It will then take up the issue with the other ministries concerned, said the official.

Due to economic slowdown over recent years, the award of projects in roads and highways has slowed, beside issues related to environment and forest clearances, along with land acquisition problems. During 2010-2012, developers had bid aggressively when the government awarded a record 147 road projects worth Rs 1.47 lakh crore.

At the time, India’s economic growth was much higher; it has slowed since and input and inflationary costs have gone up. Currently, road projects worth Rs 83,000 crore are pending completion. Since 2009, the government recorded the completion of only three projects, adding only 315 km to the existing highways’ network. Many projects are stalled by developers running short of cash and the government has allowed them to reschedule the payment of premiums under a new policy.

June 16-22, 2014 5inFrastruCture

The PPP Metro initiative has all the hallmarks

of a game-changer for Mumbai’s transportation

and realty landscape

Game-changer for transport, realty

Several years after New Delhi, the country’s political capital, witnessed a transformation with implementation of the Delhi Metro, the financial capital of Mumbai experienced a similar phenomenon with the commissioning of the Versova-Andheri-Ghatkopar (VAG) corridor of the Mumbai Metro on Sunday, June 8, 2014 by Maharashtra Chief Minister Prithviraj Chavan.

With equity participation from Reliance Infra and Veolia (a French transportation major), this PPP initiative has all the hallmarks of a game-changer for the city’s transportation and realty landscape.

Positive impactMany facts about the VAG have

already been well documented : A project investment of $720 million, a fleet of 16 rakes with 4 fully air-conditioned coaches with an individual capacity of 375 passengers, travel time reduced to 21 minutes from the current 90 minutes between Versova and Ghatkopar -- and of course, improved east-west connectivity. However, the impact on the Mumbai realty market is likely to be far more pronounced.

Transportat ion infrastructure economics have historically proven to have a positive impact on real estate values in a city like Mumbai – residential and commercial properties located close to transportation infrastructure tend to command a premium.

Independent analyses of pricing reveal that proximity to a Metro station can single-handedly account for a 22 per cent variation in land values, the other factors being location, distance of the land from the central point and income groups.

Effect on realtyOn the back of the execution of a

string of surface transport infrastructure projects – viz the Jogeshwari-Vikhroli Link Road (JVLR), the Santacruz-Chembur Link Road (SCLR) and the Wadala-Chembur monorail -- the VAG corridor will further stoke the already buoyant Mumbai realty market.

Each of these transportation infrastructure initiatives have had a tonic effect on the adjoining realty micro markets – for example the expected implementation of the monorail had pumped up property prices in Chembur and Wadala by more than 100 per cent in a short span of four to five years.

This also applies to the SCLR, with which the Chembur micro-market again witnessed a perceptible price rise due.

The areas which will benefit from Metro connectivity have already seen price rises of 400 per cent over the past eight years, and this trend is set to continue with this imminent launch. A more detailed impact analysis follows below.

Boom in price hikes Developers’ interest in projects

near the Metro has been increasing since the start of construction. With the commencement of the project, the surrounding region will definitely experience a certain boom in terms of new offerings and price hikes.

Rates on both the commercial and residential market will increase, as the properties of northern SBD, BKC and SBD central are the most preferred locations for investors.

Fast & convenient Intra and inter-connectivity in SBD

north and the eastern suburbs will increase tremendously, given the capacity of 7 lakh passengers per day added by the Metro. Concurrently, east-west connectivity will benefit the maximum by this project, which will reduce the burden on JVLR and SCLR

Absorption and prices will remain steady.

SBD North: The maximum positive effect will be seen in SBD north, as the Metro runs across its entire width, covering practically all the important destinations. Absorption and supply are set to increase rapidly along with capital and rental values. The residential market in certain key areas will see a boost in activity, especially in Andheri west.

Western suburbs: The Metro will also have a positive impact on the western suburbs due to the faster connectivity to the eastern suburbs. Absorption rates and supply will increase marginally. Residential markets will also take off in areas closer to the Metro.

Eastern suburbs: Besides SBD north, this micro-market is going to see the maximum impact from the Metro. Rental and capital values are set to increase as absorption rates move up. The residential market in areas like Ghatkopar will derive the maximum benefit.

Thane-Navi Mumbai: If at all, Thane and Navi Mumbai will see only a marginal positive impact, as commuting to the western suburbs and SBD north and back becomes faster. Otherwise, these markets are will remain largely unaffected.

The commissioning of the VAG corridor of the Metro is likely to transform the dynamics of Mumbai transportation, as well as its realty market. In conjunction with the SCLR and the monorail, the Metro is certainly poised to become a major game-changer for realty investments in Mumbai.

(the current east-west corridors). Travelling to the eastern suburbs

and Navi Mumbai from the western suburbs and SBD north and back will become faster and more convenient. Among the series of mega projects such as the Eastern Freeway, SCLR and monorail in the past one year, the Metro is the biggest so far.

The combined effect reflects positively on Mumbai’s real estate market -- the residential and retail markets in Andheri, Jogeshwari and Ghatkopar will witness tremendous growth, especially those near the Metro stations.

Long-term value capture would be possible through increase in FSI. If the proposal of granting FSI of 4 to areas near the Metro is approved, it will have a far-reaching impact and potentially transform the entire landscape of areas surrounding the Metro.

Micro-market wise influenceCBD: Already losing out to BKC

and SBD central, SBD north will now also pose a strong contender as a business destination alternative to CBD. Absorption could reduce due to the trend of shifting away from CBD, which will lead to a correction in prices.

SBD Central: SBD north might not be able to compete with BKC, but it will pose a challenge to SBD Central. Residential and commercial spaces in SBD north may start becoming preferred over SBD central, especially when favourable prices are found in SBD north.

SBD BKC: BKC will remain largely unaffected -- even factoring in the effect of the Metro on SBD north, the advantages that BKC already has will keep it firmly in the No 1 position. ramesh nair

COO, Business, JLL

June 16-22, 2014 6PrOJeCts uPdate

CM Chavan flags off Mumbai Metro One

In a major turnaround, Maharashtra Chief Minister Prithviraj Chavan flagged off the 11.4-km Versova-Andheri-Ghatkopar Metro rail service on Sunday June 8. Chavan had earlier said he would skip the inauguration function unless Mumbai Metro One Pvt Ltd (MMOPL) stuck to the original fares proposed in the tender, at Rs 9, Rs 11 and Rs 13.

In i ts capacity as the Metro administrator empowered under the Metro Act, 2002, MMOPL had

announced promotional fare of Rs 10 for a month and thereafter fixed fares of Rs 10, Rs 20, Rs 30 and Rs 40. It did not roll back these fares despite Chavan’s demand.

MMOPL is a joint venture company comprising Anil Ambani’s Reliance Infrastructure, Veolia Transport and the Mumbai Metropolitan Region Development Authority (MMRDA) which holds 26 per cent equity in the project.

Chavan sa id the launch o f

Metro services in Mumbai would revolutionize the way residents of Mumbai travel. The journey on the Versova-Andheri-Ghatkopar stretch will be covered in 21 minutes flat, which otherwise takes around one-and-a-half hour by road.

MMOPL will operate 270-280 services a day, carrying 1.1 million to 1.5 million passengers. Every coach can carry 375 passengers, while the entire train can transport 1,500 commuters.

Centre draws blueprint to upgrade infrastructure

Smal l a i rpor ts , a D iamond Quadrilateral of high-speed trains and ‘Sagar Mala’ project to connect ports to the hinterland would be the focus areas of the new government as part of efforts to upgrade the country’s much-needed infrastructure.

“Lack of robust infrastructure is one of India’s major impediments. The government will chalk out an ambitious infrastructure development programme to be implemented in the next 10 years,” said President Pranab Mukherjee in his address to the Joint Sitting of Parliament recently which outlined the vision of the new government of Narendra Modi.

A “fast-track, investment-friendly and predictable” public private partnership mechanism would be put in place for this purpose, with modernization and revamping of the Railways being on top of the infrastructure agenda.

The President said low-cost airports would be developed to promote air connectivity to smaller towns. He promised that government would modernize existing ports on one hand and develop new world-class ports

on the other. “Stringing together the Sagar Mala project we will connect the ports with the hinterland through road and rail. Inland and coastal waterways will be developed as major transport routes,” he said.

Maha may shell out `300 cr to developers for toll plazas

Around 26 per cent of the total toll plazas belonging to the Maharashtra government will be shut. These are mainly small projects, with values ranging from Rs 2 crore to Rs 14 crore. The state government on June 9 announced that 44 toll booths across the state will be shut. But the users will have to wait before it becomes a reality, as the state government will have to issue notifications announcing the cancellation of tolls.

The announcement by Maharashtra Deputy Chief Minister Ajit Pawar to this effect follows growing resistance against paying tolls for even the

smallest of facilities. It comes as the Congress-NCP government readies for the Assembly elections in the state after facing defeat in the Lok Sabha polls.

Most of the 44 toll booths that will be shut are those with small stretches of roads, bridges and over-bridges. To take over the toll plazas, the government will compensate all developers by paying them over Rs 300 crore. The amount is pre-defined for each developer in the concession agreement or the contract between the road developer and state government.

“The concession agreement had a

clause that allowed us to take back the project from the developer by paying the net present value of the cash flow that would have accrued to developers in the remaining part of the concession period. We will use this clause,” said a senior state government official.

Maharashtra has 166 operational toll plazas, of which 40 are on national highways. Of the remaining 126, some 77 are under the State Public Works Department and 34 under the Maharashtra State Road Development Corporation (MSRDC). Of the 44 toll plazas that will be shut, 34 are under PWD and 10 under the MSRDC.

The Narendra Modi government has decided to review the progress of all projects worth Rs 6.5 lakh crore cleared by the outgoing UPA government’s Cabinet Committee on Investments (CCI), which was set up to revive the investment cycle and shore up the economy by resolving red-tape hurdles facing big-ticket projects.

The Namo mantra for spurring the economy back to higher growth -- part of the key message he conveyed to his council of ministers recently -- is to go beyond facilitating clearances for such investments and focus on making them operational on the ground.

With the CCI having cleared projects worth Rs 6.5 lakh crore since January 2013, the government has now written to all those project promoters to ascertain if they have started production yet and if not, why. Such monitoring is expected to be the norm for all other projects that the government manages to rescue from red tape in coming months.

In order to ascertain the situation, ministries have been asked to seek details from project proponents on the actual activity on the ground after they secured the clearances they had sought help with, and report the status to the Cabinet secretariat.

Centre to review `6.5 lakh cr projects

cleared by UPA

State-run Paradip Port said it will be investing Rs 16,000 crore in multiple projects over the next decade, which will more than double its existing capacity to over 270 million tons.

“We will be seeing investments of around Rs 16,000 crore to take our total capacity to over 270 million tons per annum,” said the port Chairman S S Mishra, addressing an investor roadshow.

The 52-year old port’s current capacity stands at 108 mt and it is the sixth biggest bulk handling port in the world. The projects include an investment of up to Rs 6,500 crore for the upcoming western dock, said Mishra.

Other major investments wil l include Rs 1,357.02 crore outgo on the mechanization of the container quays 1 and 2, Rs 5,600-crore investment for an LNG terminal in two phases and Rs 1,651.09-crore towards other mechanization of the eastern quays 1, 2, and 3, he said.

Additionally, investments have also been lined up for dredging works, setting up a warehousing facility, truck terminal, a coal berth and a new iron ore berth, Mishra said. Majority of the works will be carried out through the public private partnership route. They are in different stages of development at present, right from technical studies to finalization in some projects, he said.

Paradip Port to raise capacity to 270 mt over 10 years

The Central government on June 9 unveiled an ambitious plan to modernize and speed up railways. President Pranab Mukherjee, in his address to the joint session of both the Houses of Parliament, listed the Golden Quadrilateral project to link four Metro with high-speed trains as the top priority of the government.

“Modernization and revamping of railways is on top of the infrastructure agenda of my government, which includes a Diamond Quadrilateral project of high-speed trains,” said Mukherjee in his address. The Railways, under the new government led by Prime Minister Narendra Modi, is pushing the bullet train project.

The feas ib i l i ty s tudy of the Ahmedabad-Mumbai i s be ing undertaken jointly by India and Japan and in a few months the report would be ready, which will cover all aspects,

including costs and revenue model. The railways is also mulling to go ahead with the New Delhi-Patna bullet train project, while five more such proposals are under consideration of the Rail Board.

Howrah-Haldia and Hyderabad-Chennai are also rail lines on which the Railways is mulling running bullet trains.

The Ahmedabad-Mumbai high speed rail corridor, which is about 543 km long, would cost the Railways Rs 60,000 crore, which would be executed under the public-private-partnership mode.

While the high speed trains run at over 300 kmph, the Railways is also actively considering the proposal to raise the speed of trains on existing tracks in semi-high speed mode, which could be 200 kmph without requiring separate corridors.

Golden Quadrilateral rail project on anvil

June 16-22, 2014 7Cement

With consumers using different grade and

quality based on usage, it will lead to customized

product (Part 3)

From commodity to customized product

The recent developments in the cement industry will require cement suppliers to take into account the fol lowing factors and adapt as necessary.

Change in customer behaviour

The needs and expectations of institutional customers are very different than those of retail customers. Retail customers look for a trust¬worthy brand; institutional buyers seek long-term relationships and technical competency.

Re ta i l cus tomers p re fe r a standardized commodity product; inst i tut ional buyers seek more customization and want cement companies to be solution providers. Retail customers are highly cost-conscious and seek ready availability at the dealer level; institutional buyers want value for money, transparent and standardized credit and commercial terms, and consistent and timely delivery to job sites.

In future, cement companies will need to develop multiple new capabilities to serve the changing customer base effectively.

Shift in product preference Large institutional buyers and RMC

players prefer to buy OPC and do in-house blending, as it cuts costs. As the share of such buyers increases, the demand for OPC is also expected to rise.

A similar trend has been witnessed in the European Union, where the construction industry uses close to 48 per cent of the total fly ash production, of which almost 40 per cent is used for blending in concrete rather than cement.

This increasing trend of in-house blending has resulted in high demand for OPC in developed countries such as Italy and the United States. Although the demand for OPC from residential and commercial sectors is expected to increase, the demand from the infrastructure sector is likely to fall.

Because agencies such as the National Highways Authority of India (NHAI), public works depart-ments (PWDs), and the Ministry of Water Resources will revise the infrastructure project specifica-tions to allow for the use of blended cement for some projects. However, we still expect the share of OPC to rise from the current level of 28 per cent.

Evolving market As the Indian market evolves,

cement will undergo transfor¬mation from a commodity to a customized product. Currently, cement is marketed and used largely as a commodity, with companies achieving limited differentiation based on service and delivery and most using similar types and qualities of cement regardless of the use or necessary strength.

This is expected to change, however, with consumers using different grade and quality based on usage, it will lead to customized products that can create differen¬tiation based on technical expertise.

For instance, certain value-added concrete products already launched in the market differentiate by achieving greater strength in less time, being more decorative, being more environmentally friendly, having improved permeability, or providing thermal comforts. Some of these products have specialized moisture-resistant packaging or free services for customers such as testing of ingredients, site visits, or slab supervision. These products and services will likely proliferate, allowing cement companies to differentiate themselves from peers.

In-house blendingDemand for OPC cement is

expected to increase consumption split by product (% million tons). The rise of in-house blending could, without adequate regulatory mechanisms and enforcement, lead to inconsistent and inaccurate blending on site, which in turn would impact the overall strength of the structure in the long term.

In addition, since the margin on blended cement is typically higher than OPC due to a more efficient cost structure, a shift from blended to OPC can impact industry profitability. To maintain the share of blended cement at current levels, the following actions would be required from key stakeholders:

Industry and influencers work together to increase awareness and promote the use of blended cement.

Blended cement becomes more economically competitive to allow the buyer to share in the economic gains.

Infrastructure project specifications are revised to allow usage of blended cement wherever possible.

The tax structure and policy for blending components are revised to prevent double taxation for buyers.

Blended cement, RMCHence, depending on what steps

the industry and government take, the demand for blended cement can vary between 30 and 40 per cent. Increase in demand for RMC and bulk cement.

countries, the ratio of bulk cement is typically more than 70 per cent, and other emerging economies also have much higher ratios than India, including Brazil, Indonesia, and China, all of which are above 35 per cent.

RMC, bulk cementIn f rast ructure and log is t ics

constraints have limited the rise of RMC and bulk cement in India, due to road infrastructure challenges and the need for bulk terminals and bulk handling capabilities, both with the cement companies and end-users. .

The bulk terminals will need to be built as close to the grinding units as possible to optimize logistics costs. Alternatively, the industry will need to invest in special purpose vehicles for managing bulk logistics wherever bulk delivery terminals are not close to grinding units.

Cement companies would need to invest and significantly improve bulk handling capabilities in order to cater to the increased bulk demand in the future. Investment will be required in creating an adequate number of warehouses with sufficient space and equipped with the technology that can automate the loading-unloading processes.

Need for change in RMC supply landscape

Large buyers procuring RMC need consistency in quality and delivery, and the supply landscape will have to evolve if the market is to meet this demand.

The RMC supply market currently has few large, organized players and is dominated by small, local players that are unable to meet the quality and delivery requirements of large buyers.

To meet the expected RMC demand in 2025, large and technically strong RMC players will need to emerge amid expanded capacity. Government will also need to regulate the aggregates market and the smaller RMC players in order to provide a level playing field to

Over the past six years, however, India has added almost 100 per cent capacity ahead of demand, resulting in underuse, so the present need to increase capacity will be low (around 20 per cent, or 65 million tons) over the next four to five years. However, after that, overall capacity will need to almost double to 650 to 700 mtpa by 2025.

Two factors can enable India’s ability to add capacity in the near future:

Healthy returns on investments: The abil ity to generate suitable returns from current investments is an important factor in making investment decisions about additional capacity.

Reasonable returns will also make the cement industry attractive from the standpoint of foreign investments. The industry needs to optimize costs continually to ensure healthy Ebitda levels.

Since cement is one of the highest-taxed commodities, government incentives in the form of tax relief by providing ‘infrastructure’ status to the cement industry or amendments to the tax structure (to bring it closer to other commodities) will help contain cement prices.

Simple regulations for Greenfield capacity: The government needs to take steps to streamline the process of setting up a new plant. For instance, land acquisition is currently a complex process. Often, land records with state authorities are inaccurate or incomplete, leading to delays and disputes over ownership and land plot size.

Updating and computerizing land records supported through land surveys is essential, as the process of land acquisition has become a major bottleneck in setting up a new plant. Environmental and forest clearances are other examples of processes that would benefit from streamlining.

Raw material requirements: The primary raw materials used to produce the major types of cement are limestone, gypsum, and fly ash. Over

and technological advances that might reduce the limestone consumption per ton of cement produced.

That said, there will be specific regions where limestone availability will become a crucial bottleneck much earlier. In addition, the extraction of limestone from the already insufficient resources is being hindered by the increasing administrative delays in the procurement of prospecting licenses and mining leases.

GypsumIndustry demand for gypsum is

expected to reach 250 million tons cumulatively by 2025. The usable reserves of gypsum in India currently amount to 140 to 150 million tons, of which about 125 million tons are available to the industry.

This domestic supply wil l be enough to support the industry for the next seven to eight years, beyond which the sector will need to rely on imports. However, because gypsum production across the world is abundant, importing gypsum is not expected to be a challenge. In addition, a few alternatives may arise, including using synthetic gypsum or exploring deep-seated mining in search of additional reserves.

Fly ash The cement industry can absorb

much of the fly ash generated by other sectors in an ecologically beneficial manner. In 2025, demand will reach 100 mtpa, with the cumulative amount of fly ash consumed in that time reaching 870 million tons.

Currently, only about 56 per cent of the fly ash produced in India is used, with the cement industry accounting for almost 27 per cent of the total production. Continued low usage and expected power industry growth, which will produce 650 million tons of fly ash in 2025, ensures that the cement industry’s fly ash requirements are met through 2025.

(Continued in next issue)

(Courtesy: AT Kearney-CII)

Large real estate and infrastructure players increasingly prefer RMC, and as larger players continue to emerge, the demand for RMC will also rise.

RMC’s share of the market will likely grow from less than 10 per cent of total cement demand today to as high as 25 per cent by 2025. The increased use of RMC will also increase the demand for bulk cement, which is expected to reach up to 20 per cent of total cement demand by 2025.

Comparing India’s current and expected bulk usage ratios with other economies reveals that India lags behind most other countries, but it is moving up the curve. In developed

all and allow large, organized players to operate profitably and improve emerging economies, but it is moving up the curve.

The projected growth in cement production will require considerable new capacity and a sharp rise in resource requirements, which will pose several challenges for the industry.

Large investments to meet growing demand

Cement demand in 2025 is estimated to be between 550 and 600 mtpa, which means India will need 330 to 380 mtpa more capacity for cement and 240 to 270 mtpa more capacity for clinker by 2025.

the next 12 years, while fly ash will be plentiful, the availability of domestic gypsum could present a challenge at a national level, while there may be a shortfall in limestone in specific regions.

Limestone The cement industry will need

roughly 5.5 billion tons of limestone by 2025. According to the Indian Bureau of Mines, total cement-grade limestone resources equal roughly 125 billion tons, of which about 90 billion tons can be used.

These resources are expected to last for another 55 to 60 years given the expected growth in cement production

The share of cement used for infrastructure expected to riseDemand by construction sector (% million tons)

Expected CAGR

221 290-295 395-405 550-590

2012 2016e 2020e 2025e

Note: Commercial demand includes industrial demand

Demand for OPC cement expected to rise Consumption split by product (% million tons)

221 550-590

2012 2025e Philippines Italy United StatesIndia

Source: Crisil, Cement Manufacturers’ Association of the Philippines, Fredonia Group British Cement Association, AT Kearney analysis

June 16-22, 2014 8PrOduCts

Leed-certified Bayer India HQ with high-performancepolycarbonate sheet for lighting applications

Kone to supply high-speed elevators to Mumbai residential

skyscraper

‘BIM sols can help construction sector in cost optimisation’

Employees in the recently opened Bayer India headquarters in Thane in Maharashtra need not worry about working in a well-lit room even when burning the midnight oil. Lighting fixtures made with Makrolon Lumen XT polycarbonate sheets offer high light diffusion, transmission and optimal clarity.

They are based on the most up-to-date forward scattering technology, offering high luminance uniformity and high light output at the same time. Hence they are ideally suited for an office environment.

The 50,000 sq ft (15,300 sq meters) Bayer House in Thane will bring roughly 800 employees across all Bayer India business subgroups together under one roof. “This building is a reward for an organization that has grown sustainably,” says Richard van der Merwe, Senior Country Representative in South Asia.

“The office was built foremost to provide a home for a fast-growing business organization, and the impressive and beautiful Bayer headquarters is a symbol for the strengths of the company as well,” he said.

As a Leed (Leadership in Energy & Environmental Design) Gold certified building, the Bayer House fulfills all stipulations for energy-saving and conservation to make it a sustainable building. In addition to Makrolon Lumen XT products, the use of Makrolon

AR2 clear polycarbonate sheet for security glazing also contributed to Leed certification. This grade offers high abrasion resistance, surface hardness, impact resistance, strength and clarity.

At the beginning of 2011, Bayer opened its first emissions-neutral office building in India, which later received the top – Platinum – ranking in the Leed rating system.

The zero-energy building needs approximately 50 per cent less power than comparable buidlings in the region. Both projects provide strong evidence of Bayer´s commitment to energy-efficient construction and show that sustainability can also work very

well in emerging countries.With 2013 sales of EUR 11.2 billion,

Bayer MaterialScience is among the world’s largest polymer companies. Business activities are focused on the manufacture of high-tech polymer materials and the development of innovative solutions for products used in many areas of daily life.

The main segments served are the automotive, electrical and electronics, construction and the sports and leisure industries. At the end of 2013, Bayer MaterialScience had 30 production sites and employed approximately 14,300 people around the globe. Bayer MaterialScience is a Bayer Group company.

Building Information Modelling (BIM) solutions can help reduce the capital cost and carbon footprint by over 20 per cent in the construction sector, says a study conducted by KPMG and RICS School of Built Environment at Amity University and commissioned by 3D designing software maker Autodesk. The study states project delays, cost overruns and liquidity constraints continue to trouble the real estate and construction sectors.

As per the report, while a number of developed countries across the world have already adopted BIM to reduce project delays and cost overruns, Indian firms are fast adopting BIM.

“BIM has the potential to provide significant benefits to the Indian built environment sector. But implementation of BIM requires a change in the mindset of all stakeholders, as managements of most organizations are reluctant to adopt,” said Autodesk India and Saarc Managing Director Pradeep Nair.

To promote BIM, i t is highly essential that government agencies and clients lay stress on the usage of BIM in their procurement processes and contracts, he added.

BIM, that offers digital representation of the project during its lifecycle, right from planning to execution of the project, is gradually picking up among Indian firms. BIM solutions allow users

Makrolon polycarbonate sheets from Bayer MaterialScience have been favourably used in the new headquarters of Bayer India in Thane. They can be found in state-of-the-art lighting fixtures in the offices as well as in the security glazing.

Lighting fixtures in the offices of the new Bayer building in India are based on Makrolon Lumen XT sheets. The polycarbonate sheets ensure for optimal lighting conditions.

Kone has won an order to deliver 29 elevators for a high-rise residential project in the Worli district of Mumbai. The real estate project will create 200 luxury homes in Worli Tower B. Rising to a height of 358 meters, and once completed, the tower will offer residents spectacular views of the city.

The order includes 24 Kone MiniSpace and 5 KONE MonoSpace elevators which feature a glass encased scenic elevator, as well as

service elevators and an elevator for vehicles.

Twelve of the Kone MiniSpace elevators will be running at speeds of 8m/s taking residents quickly and smoothly to the top floors of the tower. Residents will access the elevators with an RFID card which is connected to the Kone Access solution to improve security and offer personalized elevator calls. The equipment is also integrated to Kone E-Link monitoring solution to provide real-time view of elevator

status and ensure high availability.“I am delighted that the customer

has chosen Kone basing their decision on both unique product offering and execution capability. We are proud to offer solutions that meet the high quality demands of this prestigious project,” says Neeraj Sharma, Managing Director for Kone India.

The Worli Mixed-Use Development has been des igned by Kohn Pederson Fox Associates and is being constructed by Samsung C&T Corporation. The owner is Oasis Realty, a joint venture between Sahana and Oberoi Realty. Installation of the elevators is expected to be completed at the end of 2015.

APPOINTMENTS

Harish Badami as ACC’s new MD & CEO

ACC Ltd has appointed Harish Badami as Managing Director & Chief Executive Officer, with effect from August 1, 2014. Badami would succeed current CEO & MD Kuldip Kaura, who wil l continue to be associated with the company in the capacity of Advisor to the Board.

Badami is a B Tech from IIT Mumbai and an MBA from IIM Kolkata. He has over 25 years’ experience in the chemical industry with leading multinational companies like ICI, Rohm & Haas/Dow Chemicals and Celanese India. He was President & Managing Director of Dow Chemicals during the period 2009-11 and till recently the MD of Celanese India.

Expressing the sentiment of the Board, N S Sekhsaria, Chairman, ACC Ltd, said, “We are indeed very pleased to have Harish Badami on board and I am sure with his background and rich experience he will lead ACC in the new phase of growth. I would like to thank Kuldip who steered ACC admirably through the last few years when we were going through a low growth phase in the economy. His ‘Institutionalizing Excellence’ programme energized the organization with its focus on cost competitiveness, logistics and customer excellence. All these learning and improvements in the past few years will continue to give sustainable advantage to ACC.”

On the occasion, Kaura said,

“I must thank the ACC Board for making me reboot and giving me the opportunity to lead ACC. It has been a rewarding four years and we were able to focus on operational excellence and building organisational health in terms of leadership pipeline, capability development and bring in a new sense of innovation, pride and vitality in the organization. With Jamul expansion coming on stream next year, ACC is now well poised to serve the Indian market which is on the threshold of rapid growth. I thank the ACC Parivar and the company’s leadership team for giving me their unstinted support and trust.”

Badami said, “I am happy to be a part of an organization which commands so much respect, which has such a rich heritage, value system and an outstanding brand that I admire. At this juncture, with the economy showing positive signs, I look forward to the exciting opportunity to participate in its growth.”

to construct ‘smart’ and ‘computable’ three-dimensional (3D) model of the project to enhance its design, construction and operation.

As the awareness for BIM is increasing within the architecture, engineering and construction (AEC) sectors, around 22 per cent of the firms have already started using BIM; and over 78 per cent firms would adopt the technology in coming years, according to the findings.

BIM is used most extensively in real estate sector, mostly in design development and construction stage. Most users who are using BIM fall in the residential segment, building housing projects, etc.

June 16-22, 2014 9eQuiPment

SDLG machines assist concrete production at Shaanxi Province

Potain tower cranes building Europe’s largest mall in Russia

A team of 11 Potain tower cranes is building the largest shopping mall in Europe. Covering an area the size of 65 f football fields (463,000 m2), Avia Park will be an entertainment and shopping complex in the heart of Moscow. The Potain cranes will spend two years lifting general construction materials at the city centre job site.

The Potain cranes, which are a mix of different top-slewing models, were supplied by Moscow-based crane rental company Rentakran to main contractor Renaissance.

Potain cranes were chosen for the landmark project because of their reputation for quality and the wide variety of capabilities that its range has to offer, as Serhan Arpaci at Rentakran explains, “The project needed efficient cranes that can be individually configured and work for long hours without stoppages.

We immediately thought of Potain, which continues to build its reputation

for producing the best quality tower cranes available in Russia. We are confident that this project will run smoothly with these cranes,” he said.

Building work at Avia Park began in November 2012 and the Potain cranes were erected at the job site in March 2013, where they will remain until the project nears completion towards the end of 2014.

The Potain cranes are operating at varying heights between 45 m and 66 m, and are rigged with 45 m to 70 m jibs.

T h e c r a n e s a r e u s e d f o r a huge variety of tasks including lifting formwork, rebar, structural components, scaffolding and façade materials.

The cranes in use at the project offer capacities of up to 16 t. The full list of cranes at the site includes three MC 235 Bs, two MDT 178s, two MC 310 Cs, two MD 265 Bs, an MD 310 C and an MD 285 C.

US construction machinery exports

decline 18.8 pc in Q1 The total US construction machinery

exports for first quarter 2014 totaled $4.292 billion compared to $5.287 billion in in the first quarter of 2013 – a drop of 18.8 per cent, according to the Association of Equipment Manufacturers (AEM), citing US Department of Commerce data.

The AEM off-road equipment manufacturing trade group produces global trends reports using Commerce Department information to assist members’ business planning. Nearly all world regions recorded high single-digit or double-digit declines, except Africa, which experienced double-digit growth in exports.

In Q1 of 2014, as compared to same period in 2013, the US construction equipment exports to regions like Canada declined 8.5 per cent, for a total $1.577 billion; South America declined 33.9 per cent, for a total $652.1 million; Asia decreased

An army of SDLG wheel loaders is working at a

concrete manufacturing facility in Shaanxi

Province, west China, close to the site of the

famous Terracotta Army

Lintong, a rural settlement 35 km to the east of Xi’An, western China, is famous for being the birthplace of the Terracotta Army, a collection of terracotta figurines depicting the army of Qin Shi Huang, China’s first-ever Emperor. Today in Lintong, a fleet of SDLG wheel loaders is busy loading gravel from the nearby river plains for Jinsheng Concrete Co Ltd, which sits on the 800-km Wei River, facing the Qin Mountain Range.

‘Go West’ for successThe concrete production facility

is making the most of opportunities

in the construction industry following the launch of China’s ‘Go West’ policy, launched just before the country’s entry into the World Trade Organization in 2001.

The government scheme is aimed at promoting economic development in the remote western fringes – areas that have previously been ignored in favour of the big cities of Shanghai and Beijing in the east. The policy has promoted the construction of new housing and infrastructure, making Lintong the ideal place to produce concrete.

Long-term partnerOn site, four SDLG wheel loaders

navigate piles of gravel and sand interspersed with large water pits (which create thick mud). The aggregate material is mixed with finer sand to produce concrete. In some parts of the site, the wheel loaders have to scrape down to the river bed to dig out the course material before transporting it to the crushing machine

for processing into concrete.“The terrain where the machines are

working is very muddy and machines have to be tough to handle it,” comments Gao Weidong, Managing Director of Jinsheng Concrete.

“Western China has a climate of extremes. In the wintertime it can drop to -10°C while remaining extremely dry – conditions that can be difficult for some machinery to handle.”

Gao’s fleet includes an SDLG LG953A1 wheel loader, an LG953 that he has owned for two years and an LG953N – a model renowned for its fuel-saving mode – plus an older version of this model. For Jinsheng Concrete to meet increasing customer demand, machine uptime and reliability are hugely important to keep the job site running.

“We like SDLG machines because they are straightforward, easy to maintain and easy to operate,” says Gao. SDLG machines are designed for maximum reliability – and by

simplifying what goes on underneath the hood, operators can easily maintain the machine themselves.

Easy to operateOne operator, Hao Hongbo, who

operates one of the wheel loaders for 10 hours a day said, “The ergonomic layout of controls makes the SDLG wheel loaders easy to operate. I have a great time driving around whether it’s on top of the gravel pile or in a water pit, because it’s easy to drive on any terrain. When in the cab, I appreciate the climate control system that keeps me comfortable at any temperature from the 38°C scorching heat to below freezing temperatures.”

The LG953 wheel loader has other features to improve operations, including better visibility from the cab, a rear-view camera and an improved bucket design for longer uptime.

“We want the dr i ve r to be comfortable at work to keep the staff turnover rate to a minimum. It costs a lot to train a new operator – so our aim

is to keep our existing ones happy so they stay with us,” Gao said.

Jinsheng Concrete was founded just three years ago, but its annual turnover is already in excess of $33 million. While there are reports of a slowdown in China, for Jinsheng Concrete the opposite is true. With pre-orders of more than 400,000 m3 of concrete already on its books for 2014, the company will be looking to its SDLG machines to continue their workload, handling as much as 2,000 m3 of gravel and sand during every 10-hour day.

Shandong Lingong Construction Machinery Co Ltd, (known as Lingong) is one of China’s leading manufacturers of construct ion equipment, which it produces under the SDLG brand. It is also one of the world’s leading suppliers (by volume) of wheel loaders. The company’s headquarters are in Linyi, China and it has an additional manufacturing facility in Pederneiras, Brazil.

A team from Rentakran will manage the scheduled maintenance and service of the 11 cranes in conjunction with Manitowoc Crane Care, to ensure they continue to work at optimum efficiency.

Established in 1996, Rentakran represents both Grove mobile cranes and Potain tower cranes in Russia, and operates a fleet of 200 cranes, which it supplies to projects in Moscow and the surrounding region.

Avia Park will be one of the world’s leading entertainment and shopping destinations.

Located in the centre of Moscow city, the huge four-level complex will contain 262,000 m2 of leasable space and 7,000 parking spaces. The site aims to secure a large portion of Moscow’s lucrative retail sales, which currently total around $112 billion a year, making it one of Europe’s leading shopping destinations.

7.2 per cent, for a total $544.2 million; Europe dropped 34 per cent, for a total $463.7 million; Central America decreased 26.7 per cent, for a total $451.6 millon; Australia/Oceania declined 41 per cent to $232.5 million; and Africa increased 32.9 per cent to $370.3 million.

The top countries buying the most US-made construction machinery during the first quarter of 2014 were: Canada $1.577 billion (down 8.5 per cent); Mexico $369.9 million (down 27.2 per cent); South Africa $241.5 million (up 103.8 per cent); Australia $217.1 million (down 42.4 per cent); Chile $197.1 million (down 19.1 per cent); Brazil $159.9 million (down 48.1 per cent); Peru $147.1 million (down 24.2 per cent); Saudi Arabia $113 million (up 32.2 per cent); China $107.2 million (down 11.3 per cent); and Belgium $98.1 million (down 45.5 per cent).

11 Potain tower cranes are building the largest shopping mall in Moscow

June 16-22, 2014 10real estate

Complexes are a superior option for buyers, but small

buildings offer individuals better

prospects for socialising

(MMR), we closely compare three types of residential asset classes (viz complexes, ultra-small buildings and small buildings) to ascertain their performances and level of preferences amongst buyers and developers. We define complexes as projects with more than 60 apartments.

Lifestyle matters A residential complex is a type of

project which offers multiple high-rise towers with apartments of various configurations and sizes. This type of a structure can accommodate many amenities such as gymnasium, sports complex, large parking space, gardens or open areas, along with good safety and security features. A complex can be seen as a city within a city, offering convenience in terms of accessibility to all the basic residential amenities.

Housing complexes vs small homes

Residential property in India has evolved into an asset which individuals hold for multiple purposes, not merely self-occupancy. Individuals now seek homes either for investment purpose, or for weekend stays and ‘lifestyle accommodation’. It is therefore apt to look at residential projects on the basis of the profile of individual buyers.

In an upcoming research note by JLL which covers over 1,200 projects in the Mumbai Metropolitan Region

In Mumbai, a common perception is that living in complexes means having to live in the suburbs or peripheral locations. However, in recent times land been unlocked near city centres, and home buyers now have the option of living in complexes within Mumbai’s city limits.

On the flip-side, living in complexes does not come cheap. Prices in complexes are usually higher than a small (30-60 units) or ultra-small (less than 30 units) building in the same vicinity, largely due to the provision of better amenities in the former.

T h e b e n e f i t s o f l i v i n g i n complexes include the availability of a predominantly cosmopolitan culture. However, this also means a relatively apathetic neighbourhood when compared to living in small and ultra-small buildings.

Small and ultra-small buildings offer individuals better prospects for socialising with like-minded people when compared to complexes. Thus, residential complexes are best suited for individuals or families who value lifestyle more than other factors. Often, families with young children display a higher preference for living in a complex.

Superior investment optionComplexes are also a superior

option for buyers who look at property purchase f rom an investment perspective. As the forthcoming study by JLL shows, residential complexes have enjoyed better annualised price appreciation between project launch and completion during the last four-year period. Two key reasons have emerged for this type of market behaviour:

With more units to sell, developers usually give discounts to early buyers at the launch stage.

As construction progresses and bookings increase in a complex, the location becomes more attractive to other developers, retail entrepreneurs, etc, thereby raising the overall

attractiveness of the site location.In other words, the duration for

holding onto an investment in a residential complex has a direct relation to the rate of returns that investors could expect.

With a higher number of units to sell when compared to small and ultra-small projects, the bargaining power of developers reduces to some extent. Developers of residential complexes see such projects as a volume rather than value game. It is primarily large developers that enter into the business of constructing complexes, largely due to the scale of operation.

Over the last few years since 2009, close to 60 per cent of the projects launched in the Mumbai Metropolitan Region were residential complexes, with the maximum incidence evident in the Thane, east-suburban and west-suburban sub-markets.

Option of choiceResidential complexes should be

the option of choice for buyers with a penchant for lifestyle living and a willingness to forego a certain degree of local community. Young couples with children prefer complexes over others form of residential development despite the higher prices.

While investors find it lucrative to buy apartments in complexes, it has been observed that those with a longer investment horizon benefit from a better rate of return when compared to those with shorter investment horizons.

ashutosh limaye Head - Research & REIS, JLL India

B sridhar Senior Consultant, Strategic Consulting (Education, Healthcare & Senior Living), JLL India

Delivery models have to be carefully designed to attract maximum end-users to the project

years, wherein active adults are able to take care of themselves, and generally do not have serious health issues.

Assisted Living (AL), on the other hand, pertains to adults aged 65 and above. Typically, AL caters to individuals who need assistance with daily activities, but do not require nursing home care. IL would see greater market movement and supply. The market is yet to mature for services offered in the AL, Skilled Nursing (SN) and Continuing Care Retirement Communities (CCRC) segments.

To cater to the needs of senior citizen is definitely very important. The sheer number of people who are used to a certain standard of nuclear living and are interested in maintaining the same standards are significant.

India vs developed countriesIndian companies need to learn a

lot from developed markets in terms of service delivery. On the other hand, given that Indians have an affinity towards real estate, the delivery models have to be carefully designed to attract maximum end-users to the

Senior living projects

The entry by a major developer and a healthcare operator into the senior and assisted living sector has caught everyone’s attention, which has been one of the factors for renewed industry focus. Besides, the product offerings have also matured – earlier, these were being seen as housing solutions, and now they are more services-oriented.

Percentage-wise, the senior living sector has a long way to go before numbers can be discussed at a level significant within the purview of the real estate market. However, given the country’s demographic profile, demand is certainly expected to grow significantly over the next 5 to 10 years. More real estate developers will explore this segment as part of their larger integrated township developments. Cities which have traditionally been retirement destinations will see the launch of significantly more projects than in other parts of the country.

Catching up in tier-1 citiesOriginally concentrated more in

tier-2 and tier-3 cities, senior living is now catching up in tier-1 cities, as well. However, a lot will depend on the acceptance of key projects which have already been launched in the market, as and when they get delivered. Traditional retirement locations, regardless of whether they are tier-2 or tier-3, are expected to see further growth.

Senior l iv ing, or technical ly, Independent Living (IL) as the name suggests, is typically a concept pertaining to the age bracket 50+

project. This makes the segment unique to the Indian context in certain ways.

Typical residential units (both apartment and villas) that are being offered in senior living projects range from 1 BHK to 3 BHK, with the only real difference between these units and normal developed homes being the design/architecture aspects.

When it comes to costs, however, there are significant differences. Apart from the real estate costs, there is a recurring monthly cost for the services offered. Pricing may vary depending on the location, size and project positioning. For example, at least one project which is at the ultra-luxury level, while other projects are at the mid-luxury level.

Locations & modelsAlso, senior living projects do

not need to be in central locations. By definit ion, there are certain requirements for a senior living site; for instance, it should be located near a healthcare facility, cater to the social needs of the resident seniors and

should offer adequate security.These projects have been offered

on various delivery models, but the primary ones are Sale Model, Lease Model and Deposit Model. Besides these real estate agreements, there is usually a separate agreement for the specialized services.

The typical buyers are generally seniors aged over 55 year who are well travelled, are accustomed to a certain degree of quality services (such as retired corporate, armed forces and civil service personnel) and,

sometimes, have their dependents living abroad. NRIs who wish to return or individuals with a business background who wish to buy a second home are also considering such projects.

Credai seeks lower borrowingcost for housing sector

The address of the President of India, Pranab Mukherjee, to the joint session of Parliament on June 9 focused on housing for all within 75 years of independence. “The government will build 100 cities focused on specialized domains and equipped with world-class amenities. By the time the nation completes 75 years of its independence, every family will have a pucca house with water connection, toilet facilities, 24x7 electricity supply and access,” he said in his speech.

Unable to make much progress due to high construction costs and lower margins, developers have demanded lower borrowing cost and taxes to promote affordable housing. According to realty experts, low profit margin is one of the reasons why developers find the sector unattractive.

“Every time the market slows down, developers reduce the ticket size, lowering the prices of smaller units, while retaining the amenities that usually go with high-end projects. So it becomes affordable,” said an analyst.

Shortage of affordable homes has resulted in illegal construction and building collapses in many parts of the country. According to reports, there is

a shortage of 18 million homes, both for the economically weaker section and the lower income group.

The President’s address highlighted the fact that growing urbanization is an opportunity rather than a challenge, said Urban Development Minister M Venkaiah Naidu.

C r e d a i , r e a l t y d e v e l o p e r s association, in its recommendations to Naidu has sought lower borrowing cost for the housing sector through a mix of interest subvention for low-income borrowers and greater access to finance by developers. It has also asked for the removal of the minimum requirement of 50,000 sq m and capital requirement of $5 million for foreign direct investment in case of affordable housing, automatic external commercial borrowing and higher refinance from National Housing Bank to housing finance companies.

At 35 per cent of the cost of a completed unit, housing also faces a disproportionate incidence of taxes. “This can be partially alleviated by giving the tax treatment of special economic zones to affordable housing projects and increasing threshold limits of deduction on interest to Rs 5 lakh on housing,” stated Credai.

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June 16-22, 2014 11internatiOnal

Ireland sees further sharp rise in construction activity

Strukton to maintain 310 km Swedish rail line

Hong Kong shortlists ideas for Kai Tak redevelopment

T h e r e c o v e r y i n t h e I r i s h construction sector continued in May. Although rates of expansion in activity, new orders and employment all eased from the highs seen in the previous month, remained strong and companies were again optimistic regarding growth over the coming year. A marked acceleration in the rate of input cost inflation was recorded as suppliers took advantage of improved demand for inputs to raise their charges.

The Ulster Bank Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index designed to track changes in total construction activity – posted 60.2, down from the previous month’s reading of 63.5, but still pointing to a sharp increase in total construction activity. Activity

S w e d i s h r a i l w a y p r o v i d e r Trafikverket has awarded Strukton a five-year contract to maintain the rail infrastructure in southern Stockholm. With double track included, the contract covers 310 railway km of lines. The contract comes into effect on October 1, 2014 and will be valid for an initial five years with possible one-year extensions. The first five years have a contract value of SEK367million (£32.9 million).

S t r uk ton w i l l ma in ta i n t he Nynäsbanan (Nynäs Line) and the Västra stambanan (Western Main

Four of the 80 submissions have been shortlisted in a competition to come up with ideas for redevelopment of Hong Kong’s former airport runway in Kai Tak.

Kai Tak Fantasy International Ideas Competition on Urban Planning & Design attracted entries from Hong Kong, the Chinese mainland and overseas by planners, architects,

has now risen in each of the past nine months, with the latest expansion l inked to higher workloads and improving confidence.

Simon Barry, chief economist Republic of Ireland at Ulster Bank, sa id , “The la tes t U ls te r Bank Construction PMI signals ongoing strong monthly growth of activity, with May’s headline reading only slightly below April’s near -record high. The recovery continued to be centred on housing and commercial activity, with both areas posting substantial rises again. However, there was some welcome news with regards to civil engineering activity, which decreased at the slowest pace since the end of 2007.”

The rate of growth in new orders also remained sharp despite easing

Line) between Älvsjö and Gnesta. The Västra stambanan is the main railway line between Stockholm and Gothenburg.

The line is electrified and consists mostly of double track, except some four-track sections. The Nynäs Line is a 55 km-long line between Älvsjö and Nynäshamn. The line is electrified and double-track on the 22km section from Älvsjö to Västerhaninge.

The company will be responsible for the railway engineering, power supply, catenary and signaling.

engineers, landscape architects, surveyors and other professionals.

The designers of the shortlisted entrants have not yet been disclosed. The aim is that the area should become a tourism and entertainment destination as well as helping spur various initiatives aimed at facilitating the transformation of Kowloon East.

The shortlisted ideas include

from the previous month. Companies repor ted success in secur ing contracts for work both in Ireland and abroad and were confident that these trends would continue over the coming year, leading to further growth of activity during the next 12 months. This optimism encouraged firms to take on extra staff and raise their purchasing activity, in both cases at marked rates.

The commercial sector was the best-performing again in May, while a strong expansion in housing activity was also recorded during the month. Although activity on civil engineering projects continued to fall, the rate of decline slowed sharply to the weakest in the current sequence of contraction which began in December 2007.

Repairs and corrective maintenance are included. “We have been looking forward to assuming responsibility for these track sections,” said Strukton Rail’s regional director Ann-Sofie Lindström. “They will become a natural geographical continuation of the railway maintenance we are doing in central Stockholm, where we already have an established and effective group of technicians who know both the area and track system very well. The preparation of the contract start is in full swing.”

floating markets, a floating sky-roof sheltering, an ever-changing Lego-like creative vil lage of recycled shipping containers, a scheme to allow people to reconnect to nature and a demonstration project intended to make Hong Kong a leader in urban health and healthy development.

JCB backhoes to aidBalkan flood relief efforts

Vinci lands $187 m US highway contract

Strabag JV wins Gothenburg tunnel contract

JCB has donated £120,000-worth of machinery to help in clear up operations in Serbia and Bosnia after the region’s worst-ever floods. More than 50 people have been killed and tens of thousands have been forced to flee their homes after several months of rain fell in just a few days.

JCB is handing over two 3CX backhoe loaders to help the relief effort. The first machine has been handed over by JCB’s dealer in Bosnia, Terra BIH, with the support of the British embassy at the dealer’s premises in Sarajevo.

Terra BIH is also providing operator training and service support for the machines in the field. JCB chairman Lord Bamford said, “JCB has a long history of supporting countries hit by natural disasters. The floods in the

A Vinci subsidiary has won $187 million (£111 million) design-build contract to widen a section of the I-85 highway in the US state of North Carolina. Blythe Construction, a subsidiary of Eurovia, will also improve interchanges as part of the project.

The upgrade is designed to improve traffic flow along the busy 12 km section by widening it from four to eight lanes. The project also includes the demolition and reconstruction of

A joint venture led by Strabag subsidiary Züblin Scandinavia has won 170 mill ion (£138 mill ion) contract to build the Marieholms tunnel project. The immersed tunnel will pass under the River Göta älv in the city of Gothenburg. Construction will begin this year and take until 2020. The contract also includes mechanical and electrical works and an option to operate and maintain the tunnel for five years.

The tunnel will have three lanes in either direction with a service tunnel in the centre and a designed lifetime of 120 years. Züblin will construct three tunnel elements each with

Balkans have left behind a terrible trail of destruction and I hope the machines being despatched to Serbia and Bosnia will help life return to normal as quickly as possible.”

More than 3,000 landsl ides have hit Serbia and Bosnia, burying houses and roads. In Serbia, a second JCB machine will be made available by dealer Terra Serbia and put to immediate use by the Serbian Emergency Relief Committee, clearing the swathes of mud and debris that have engulfed parts of the country.

Earlier this year JCB deployed £750,000 fleet of Fastrac tractors and backhoe loaders to assist with UK flood clear-up operations. Last year it provided $500,000 worth of machines and generators to the Philippines when Typhoon Haiyan struck.

11 bridges and viaducts, including a railway viaduct over the motorway, and construction of an interchange.

Blythe Construction will be using the Recyvia environmental process, which enables it to employ up to 50 per cent recycled materials, for the first time on a major highway in North Carolina.

The design is currently being finalized. Work on the project is to get underway in early 2015 and handover is scheduled in December 2017.

a length of 100 m on site in a dry dock and immerse them at their final location in a trench dredged into the river bed.

The other partner in the joint venture is Royal Boskalis Westminster, which will dredge the 20 m-deep trench. On either side of the immersed tunnel section, cut and cover tunnels will be built in deep excavation pits continuing in ramp and trough sections.

The project will start just after the handover of Traf ikverket ’s Söderströms tunnel in Stockholm, a project of similar size and complexity, also executed by Zübl in as an immersed tunnel.

June 16-22, 2014 12

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IBM-Lodha to build Palava mega city in Navi Mumbai

Editor : Bina VermaEditorial Team: Dilip Phansalkar, Paresh Parmar, Remona Divekar Designer: Rajen Mistry

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IBM has announced a partnership with Lodha Group to build and manage smart city infrastructure for Palava, between Navi Mumbai and Dombivli (Mumbai) which will set the benchmark for 21st century urban living in India.

Envisioned as a city of opportunity and spanning over 4,000 acres, Palava will incorporate IBM’s smarter cities technology using advanced, data driven systems to integrate information from all city operations into a single system to improve efficiency and deliver an enhanced quality of life for residents.

community; a pool of educated and talented professionals, alongside top-rung education, sports and cultural facilities,” said Shaishav Dharia, Development Director, Palava, Lodha Group.

“The smart city initiative is a key to achieve the level of efficiency and participation to make this vision a reality and we are pleased to partner with IBM, the global leader in smarter cities, to build this first-of-a-kind city in India,” he added.

Strategically located at the junction of Navi Mumbai and Dombivali, Palava, is envisioned to become the largest ever private, completely planned development in urban India, and one of the top 50 places to live in the world by 2020.

To enable Palava’s smart city development, IBM will provide a foundation to integrate multiple city agencies and provide a unified view into all city functions, helping all departments collaborate, share insights and information to improve the experience for its citizens.

B y e n a b l i n g p a r t i c i p a t i v e government and insight driven actions, city officials will be able better allocate

“Palava was born out of a vision to create a city of opportunity, one that would not just offer an unparalleled quality of life to its citizens but also become an ecosystem – nurturing business, creating jobs and delivering growth. To achieve this, we are planning decades ahead, and embedding smart elements in the city’s design and infrastructure.

“This will help ensure safety, efficiency and governance with participation from citizens, and in parallel provide foundations for businesses with future-ready infrastructure; a vibrant

eVentsJuly 11-13, 2014

India International Build Expo ChennaiChennai Trade Centre, Chennai,This event helps the professionals and experts of the industry to come together under the same roof and experience an ideal platform to network and interact with each other. Contact: Prompt Trade fairs (India) Pvt Ltd, 621, 3rd Floor, SIRE Mansion Thousand Lights, Chennai

August 9, 2014ManexeITC Kakatiya, HyderabadManexe is a 1-day event being held on August 9, 2014 at the ITC Kakatiya in Hyderabad. This event showcases various products and services related to the manufacturing industry and more, etc in the building construction industry. Contact: The Confederation of Indian Industry, 203-204, Sears Tower, Gulbai Tekra, Near Panchwati, Ahmedabad

August 15-17, 2014BACE Expo (Building Architectural Construction & Engineering Symposium & Trade Show)Milan Mela Ground, Kolkata BACE Expo will be held for three consecutive days at Milan Mela Complex, Kolkata. The key industry players and market leaders will discuss about modern tools and technology associated with the building and construction sector. Participants will discuss about growth of the real estate sector and build strategic business alliances with manufacturers and dealers. The prospects of some of the major construction projects in Kolkata will be highlighted. Some of the products that will be displayed include ceramic and stones, elevators, escalators, bath and sanitation. Contact: Ask Trade & Exhibitions Pvt Ltd, Flat 307, Alsa Towns Ville,170/38 Arcot Road, Valasaravakkam, Chennai

August 15-18, 2014Construction Architecture & Interior ChennaiChennai Trade Centre, ChennaiThe show is a 4-day event being held from August 15 to 18, 2014 in Chennai. This event showcases various products and services as well as equipment related to construction, architectural firms and interior design, latest designs and technologies and more in Building Construction, Architecture & Interior Designing. Contact: I ads and events Pte Ltd, 61, 1st Floor, Gold Towers, 50 Residency Road, Bengaluru.

September 11-13, 2014The Big 5 Construct IndiaBombay Convention Centre, MumbaiIt will provide the ideal platform for influential architects, contractors, consultants and engineers to share ideas about innovative construction tools and services. Contact: DMG: Events. PO Box No 33817 Dubai, UAE

October 4, 201419th One Full Day WorkshopThe Institution of Engineers (India), Mahalaxmi, Mumbai Workshop on Jirnoddhara of RCC buildings which contains Structural Audit, Upgrading (House - Keeping, Regular Maintenance, Repairs, Rehabilitation); Fixing Leakage and Waterproofing of existing RCC buildings and a total new concept to construct RCC durable buildings without leakage with practicals on acrylic polymer-based flexible membrane waterproofing system. Contact: Jayakumar Jivraj Shah, Single Faculty Course Conductor, 203, Wing-B, Lakshmi Apartments, Corporation Bank Building, Behind Anand Nagar, Dahisar (East), Mumbai 400068. Cell: 919819242649 Phone: 28483541/9819242649 jjshah123123@rediffmail.com

December 4-6, 2014Ceramics AsiaGujarat University Exhibition Hall, Ahmedabad This event will be organized to enhance that potential by bringing industry professionals from different corners of the world under one roof. Ceramics Asia is going to be organized for three days at the Gujarat University Exhibition Center in Ahmedabad Contact: Unifair Exhibition Service Co. Ltd, Room 802-804, Daxin Building, 538 Dezheng North Road Guangzhou, China

December 15-18, 2014bC India ShowIndia Expo Centre and Mart, Greater Noida The International Trade Fair for Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles-provides the international construction industry with a professional platform for the construction industry. Contact: B C Expo India Pvt Ltd, Lalani Aura, 5th Floor, 34th Road, Khar (West), Mumbai

resources and provide a more resident centric approach to city management. IBM Intelligent Operations serves as the backbone of city infrastructure and centralizes key city functions through real time monitoring and advanced analytics.

Providing a 360 degree view of the key functions for managing the city, will enable city officials to better allocate resources, adopt preventative maintenance measures and proactively manage issues that could affect quality of life.

“Recent projections show India’s urban population soaring from 340 million in 2008 to 590 million in 2030, which may lead to tremendous strain on urban resources in India. This makes the proliferation of practical and proven smart city interventions

into existing and future cities essential. It is our endeavor to make Palava a city that sets the benchmark for future Indian and global cities to emulate,” said Dhamodaran Ramakrishnan, Director, Smarter Planet Solutions, IBM India/South Asia

As a par t o f th is s t ra teg ic engagement, IBM Global Business Services developed the vision and detailed roadmap for Palava’s smarter city imperatives. IBM is also creating the business archi tecture and operating procedures, implementing the technology platform and solutions, and wil l eventually manage the technology. The project also consists of the following:

Participative governance: IBM is building a service platform for citizens to interact with city administration and manage various services offered by the city. Using mobile and social technology, the service platform will enable citizens to communicate with city officials, access amenities and services, report on issues and receive feedback from city officials.

In te l l igen t opera t ions : IBM is enabling Palava to go beyond ‘smart instrumentation’ and be a truly interconnected and intelligent city by integrating different service areas such as energy, water, transportation, public safety and smart cards with a central command and control centre.