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India saw launching of 6,802 new projects, announcement of 36,836 project tenders and finalisation of 5,466 project contracts during Apr 2020-Feb 2021 period. A company like yours will consider to make up the setbacks of 2020 at the earliest. Competition to bag new business opportunities will only intensify in coming months. Early movers will have the benefit of securing the upcoming new business opportunities. Make Projects Today your dependable business partner for identifying the upcoming business opportunities.
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Projex News

Projex Insight


Two major developments seen in Q3/FY21 -- Continued increase in projex commitments the Private sector & contraction in new capital expenditure proposals by Government agencies.


In all, 2,085 new projects entailing a total investment of Rs 2,76,482.7 cr were announced in Q3/FY21 as against 2,326 projects worth Rs 2,50,697.5 cr announced in Q2/FY21.


Private sector announced 711 new projects entailing a total investment of Rs 1,36,946.3 cr in Q3/FY21, indicating a rise of 36.51 pct over the preceding quarter.


State government registered a steep fall of 24.5 pct in fresh projex in Q3/FY21. As against 1,230 new projects worth Rs 95,445.48 cr announced in Q2/FY21, 993 projects worth Rs 72,060.99 cr were announced in Q3/FY21.


Fresh projex increased by 22.83 pct in the Central government segment despite fall in the number of new projects. In Q3/FY21, 381 new projects worth Rs 67.475.45 cr were announced by Central government controlled agencies.


Manufacturing sector saw over 100 pct increase in announcement of fresh projex in Q3/FY21.


In the Manufacturing sector, 484 new projects worth Rs 80,481.42 cr were announced in Q3/FY21. In this sector, Drugs & Pharma, Metals, Electronics and Automobiles sectors attracted sizeable new proposals.


Mining sector saw 37 new projects worth Rs 22,917 cr being announced in Q3/FY21. Sub-segments of mining industry like oil exploration & mineral ores attracted a couple of mega projects.


Electricity sector saw fresh investment declining by 35.18 pct on Q-o-Q basis in Q3/FY21.


Pruning of fresh capital expenditure plans by funds-constrained, state govt-owned agencies slowed down the recent growth seen in projects investment in the Infrastructure sector.


Infrastructure sector which had registered a whopping increase of 105 pct in new projex in Q2/FY21 saw such investment increasing by just 11.25 pct in Q3/FY21.


Roadways, Water, Sewage and Effluent Treatment and Software Parks sectors saw an increase in fresh projex on Q-o-Q basis in Q3/FY21.


Irrigation sector saw 31 new projects worth Rs 12,598 cr being announced in Q3/FY21. The Irrigation & CAD Department of Andhra Pradesh accounted for nearly 80 pct of the fresh projex planned in this sector.


Maharashtra topped the fresh projex table in Q3/FY21 with 215 new projects worth Rs 54,713.66 cr and accounted for nearly one-fifth of the fresh projex emanated.


Andhra Pradesh stood second with 108 new projects worth Rs 29,783.63 cr, while Gujarat and Tamil Nadu took third and fourth position in fresh projex proposed in Q3/FY21.

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