Support: +91-22-61011756 / help@projectstoday.com
Project Infographics
Project Infographics   -   Projex Infographics
Monday, 02 Apr 2018

70th Survey of Projects Investment in India

70th Projex Survey

 

The 70th Survey of projex in India conducted by Projects Today indicates revival in private projex, albeit at a slower pace. The survey also indicated slight slowdown in government announcements of new projects.

Despite the slowdown seen in announcement of fresh investment, the public sector still accounted for 73 percent of the total fresh investment announced during FY18.

Notwithstanding the fall in fresh investment announcement in the last quarter of FY18, fresh projex from the private sector increased by 11.5 percent.

These are the key findings of the 70th Survey of Projects Investment in India.

New Investment Announcement

Despite the disruptions and confusions caused by the big ticket reform, GST adopted in July 2017, the fresh projex announced during the financial year 01 April 2017 – 31 March 2018 (FY18) remained at the previous year’s level. The 12-month period ended 31 March 2018, saw announcement of 9,610 new projects entailing a total investment of Rs 11,77,602 crore. A year ago, the country had seen announcement of 10410 new projects worth Rs.11,81,310 crore.

The ownership wise bifurcation of the fresh investment emanated in FY18 indicates slowdown in the public sector announcement of new projects and the private sector showing signs of revival in their projex activities.

A 10.9 percent fall in total fresh projex announced by the Central government agencies saw the overall growth rate of the government sector decreasing by 5 percent. In all, the public sector announced 7,777 new projects worth Rs 7,95,338 crore. The biggest fall was witnessed in the Railways sector.

On the other hand, fresh projex from the private sector, despite slowdown in the last quarter of FY18, managed to register a Y-o-Y growth of 11.1 percent. During the 12 months ended 31 March 2018, private promoters announced 1,833 projects worth Rs 3,82,264 crore.

The growth in fresh investment was seen across all major sectors except Power. While the last fiscal saw private developers shifting their focus from thermal power projects to non-conventional power projects, the current year saw private developers distancing themselves from both sub-sectors. While scores of thermal power projects announced in the earlier years are yet to move from the planning stage to under-execution stage, the falling tariff rates and imposition of import duties on solar power equipment forced private players to go slow on taking up new solar power projects.

The welcome feature observed in the Survey, is increased participation of private players in Roadways projects.

 
Post Your Comments
 
 
   
 

 

 
  
Projects Explorer App

Data Explorer - Facade Search - ProjectsToday

REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services