Government has given green signal and awarded lots of EPC Projects, funded by themselves, this has generated business for us Ramesh Palagiri. Managing Director & CEO at Wirtgen India Pvt Ltd
Business in Recent Times:
I would say 2015 has been a good year, as government has given green signal and awarded lots of EPC Projects, funded by themselves. This has generated business for us and we hope that the trend remains continues in times coming.
I think as far as the road construction is concerned, now it is okay, as the Government is funding but we all know that the Government does not have enough funds all the road projects. So at some stage, we have to get Private investment back into Roads and for that we need some arrangements for long term funding for infrastructure projects. So that’s what I think our Prime Minister is trying and the reason he is going out on the world is to bring in investment, The fact is that we don’t have all the money what is required to build roads. Government is doing its budgetary funding now.
