India@01 was a new shining star of freedom that had just risen on the horizon. It was an India of humble beginnings with an aspiration to reach commanding heights. As India turns 75, this Independence Day and celebrates Azadi Ka Amrit Mahotsav, we must introspect and ask ourselves some meaningful questions.
While life during the COVID19 pandemic was tough, which sector steered India’s economy to safety shores?
What is it that we need to bridge the gaps between the talent that is locked up inside India’s demographic dividend of a 55% young population and the opportunities in the global economy?
The answer is “infrastructure”.
India’s infrastructure sector, leveraged by the government’s mega CAPEX drive, outcome-based union budgeting for the National Infrastructure Pipeline, integrated data governance initiatives like the PM Gati Shakti Master Plan, and a vision to create “100 Smart Cities” is enabling the flow of a staggering INR 1,08,17,449 Cr of value into our economy.
The government expenditure multiplier in India’s infra sector is 2X. The benefits of the CAPEX that we are pump priming will get back to us in the form of economic growth across decades.
Building India@75 signifies a generational change in “our aspirations for infrastructure in the country” and consequently brings into focus the question of “what kind of supply chain do we need to get there?”
The Supply Chain Secrets for EPC Companies Building India@75
The supply chain for building infra for India@75 needs unique performance reporting metrics, processes, competencies, and technologies that can seamlessly integrate with the way in which EPC companies do business. This e-book is divided into three parts. Part one throws light on the opportunities for EPC companies across 21 sub-sectors. Part two delves on the latest trends in the prices of cement and the production and consumption of steel in India. Part three accumulates the learning outcomes of the Infra & PSU team at Moglix Business, derived from procurement and supply chain collaborations with EPC companies.
The Future of Infra Supply Chain in India: Freedom from Efficiency Leakages for EPC Companies
India’s next generation infrastructure will not be built only on land, TMT bars, structural steel, cement, transformers, and electricals alone. Rather it will be but on a digitally concretized foundation that is value engineered through contactless, seamless, and paperless supply chain processes.
It will ensure freedom from cost, time, and manual inefficiencies to EPC companies, project developers, contractors, engineers, and suppliers building India. This Independence Day let’s pledge to build India into a meritocracy where performance connects opportunity on one hand and rewards on the other.
