Date/Time
Date(s) - November 1 2022 - November 3 2022
12:00am
Webinars on opportunities in Construction, Water & Waste and Rail & Metro Rail sectors in India
We are delighted to bring to you a series of webinars on business opportunities in Construction, Water & Waste and Rail & Metro Rail sectors in India. During the webinars, you will hear from DIT leads and experts on each sector and the support offered by DIT to UK companies.
We hope that after this session, you will have a fair understanding of opportunities, which will help you to address business opportunities in the Indian market.
- Tuesday 01 November 09:30 – 10:30 – Opportunities in the Construction sector in India
- Wednesday 02 November 09:30 – 11:00 – Opportunities in the Water & Waste sectors in India
- Thursday 03 November 09:30 – 10: 30 – Opportunities in the Rail & Metro Rail sector in India
Background
Infrastructure spent has been one of the key drivers of India’s economic growth and it will remain so in the foreseeable future. Government of India’s National Infrastructure Pipeline (NIP) envisages capital investment worth £ 1.2 trillion by 2025.
Construction, Water & Waste and Rail & Metro Rail sectors are key infrastructure sub-sectors that offer significant business opportunities.
Construction
Indian Construction sector grew at over 17% in 2021. It is set to become the third largest globally by 2025. The Real Estate Industry in India is expected to reach $1 Tn by 2030 and will contribute 13% to India’s GDP. Significant opportunity in new technologies and methods of construction, especially those that help in reducing carbon footprint as India is only just starting to build green buildings.
Water & Waste
India is facing the challenge of rapidly growing demand in the Water & Waste sectors, driven by increasing population, firm economic growth, rapid urbanisation, and increased industrialisation activities. 10%+ growth rate on ~£10 billion market opportunity is envisaged across the spectrum in water supply and wastewater treatment. Waste management market value is expected to reach ~£12 billion by 2025.
Rail & Metro Rail
India’s rail network of over 65,000 km is 4th largest in the world. An investment of ~ £500 billion is envisaged across the rail supply chain up to 2030 to increase capacity for addressing demand from growing passenger and freight traffic. Metro rail projects worth £ 30 billion are under implementation & for £10 billion are approved for major Indian cities.
India is focussed on adoption of emerging technologies: AI, Machine Learning, and Building Information Modelling (BIM) to create smart and sustainable infrastructure. UK is making significant progress in these aspects lending them to become strong areas of collaboration in the future.
Contact Us
If you would like to learn more about these events or talk to an International Trade Adviser, please email ditmidlands@trade.gov.uk .
To register for this virtual event, click here.
