It was a spring evening, he says, three days-maybe four, time had become a blur-after he had first begun tracking the hackers who were rummaging through the computer systems of RSA, the corporate security giant where he worked. The upcoming Budget is expected to keep the focus intact on capital expenditure and usher in reforms that will accelerate the pace of infrastructure creation.Įven though India's economic growth rate has been pared by the IMF, it still will be one of the fastest growing economies in the current fiscal and continue to attract foreign investors even as the world stares at a recession.Amid all the sleepless hours that Todd Leetham spent hunting ghosts inside his company’s network in early 2011, the experience that sticks with him most vividly all these years later is the moment he caught up with them.

The Network Planning Group constituted under the initiative has examined 229 critical infrastructure projects and given recommendations to fix the gaps. The PM GatiShakti initiative aims to speed up the existing infrastructure projects. The Modi government has maintained a razor sharp focus on expediting the speed of infrastructure creation.

The appetite for cement is only going to surge as India builds more housing for its people and create more capital assets like roads, bridges.įinance minister Nirmala Sitharaman raised India's capital expenditure outlay for the current fiscal to Rs 7.5 lakh crore, up by more than 35 per cent compared to last fiscal. It claims that the capacity will reach close to 160 MTPA after the latest round of expansion and will meet country's future needs for housing, roads, and other infrastructure.Īn expanded focus on India's infrastructure sector to pull the economy out of lethargy has made cement sector a lucrative bet for India's top conglomerate. Its main rival UltraTech Cement, part of the Aditya Birla Group, has plans to spend Rs 12,886 crore to increase capacity through brown field and green field expansion. If the deal goes through, it will further cement Adani's position in the buildings-material space and on track to achieve the goal of becoming the largest cement maker in the country. The deal is expected to be valued in the range of Rs 3,298-4,120 crore, an ET report cited people with knowledge of the matter as saying. A recent report suggested that the group is looking at buying Jaypee Group's cement business. We anticipate growing at twice this number,' he added.Īdani isn't stopping just at that.

'As several of the government's programmes gather momentum, the long-term average growth in cement demand is expected to be 1.2 to 1.5 times the GDP. He said India has a 7x headroom for growth compared to China as the per capita consumption in India is at 250 kg vis-à-vis China's 1600 kg. 'What makes cement an exciting business is the headroom for growth in India, which exceeds that of every other country well beyond 2050,' Adani Group chairman Gautam Adani said.

Knight vs giant hacked