Highways business changing structurally: Vinayak Chatterjee,

Highways business changing structurally: Vinayak Chatterjee, Chairman, Feedback Infra


Highways business changing structurally: Vinayak Chatterjee, Chairman, Feedback Infra
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Last Updated: May 25, 2021, 07:08 PM IST
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Synopsis
We are now finding that there is a limit to how much you can expand existing alignments because they go through very crowded clusters. So the new focus is on greenfield expressways. If you see the Mumbai-Pune under Mr Gadkari, that was one of the first examples of a greenfield expressway.
ET CONTRIBUTORS
Do you feel that rural demand particularly has been hampered which will affect the recovery?
Vinayak Chatterjee: There is clear evidence that the rural demand is not as buoyant as it was in the April, May, June, July period of last year, and remember it was buoyant largely because there was a slew of special packages that were given to the rural sector including a step up in the MNREGA in rural, small infra works, special packages all those have not been seen now. And therefore from sales of tractors to retail demand for cement etc, rural demand is showing stress vis-à-vis last year so it is not going to be that much of a demand support in current times.

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