December 18, 2009
Bangalore, – December 18, 2009 – Mr V Madhu, IAS, Principal Secretary, Infrastructure Development Department, Government of Karnataka called upon industry to partner proactively with the Government of Karnataka in developing sustainable infrastructure at the Conference on Opportunities in Industrial Corridor Infrastructure in Karnataka organised by CII in Bangalore today. Mr Madhu stated that the required annual investment in the state is Rs 25,000 crores as against the current annual investment of Rs 11,000 crores. Presently infrastructure investment is about 4.5% of GSDP as against a target of 8-9% GSDP. Mr Madhu mentioned that Karnataka’s Infrastructure Development Plan has been developed to support the State’s Vision 2020 document.
The Department is working on developing feasibility reports for 112 priority projects, of which the data sheets for 35 projects will be made public shortly. Some of the important PPP projects on which details are being worked out include High Speed Rail Link at Bangalore; Devanahalli Business Park; Devanahalli Convention Centre; Airport projects at Hassan, Bellary, Shimoga and Gulbarga; Logistics Park; Two mono rail projects in Bangalore with a total distance of 31 kms; Food Park; Tourism Park; Industrial Infrastructure – VADA at Bellary. The broad areas identified where PPP would be the model adopted include Logistics Architecture in Karnataka; Transport Hub at Bajpe; Mega Power Projects at Belgaum, Devangere, Tumkur and Gadag; City Gas distribution; Railway projects.
Mr V P Baligar, IAS, Principal Secretary, Commerce and Industries Department, Government of Karnataka mentioned that Karnataka rated high in attracting investments as a state. Mr. Baligar stated that 74% rated Karnataka as the attractive state. New policies have been brought out in Infrastructure, Industry, Tourism, IT & BT sectors for attractive investments into the State. Land for Industries is the main constraint in Karnataka.Looking at this Government is creating Land bank acquiring 1 Lakh acres of land. Forty Thousand acres is already notified.
Mr. Balaji Sreenivasan, CEO, Aurigo Software Technologies Pvt. Ltd. spoke on ‘Project Management tools to eliminate delays in large infrastructure projects’. He gave a brief outlook of the current and future scenario of Infrastructure spends in India. He said that over 40% of Infrastructure projects being delayed and there were cost overruns by over 13.5%.
Balaji highly emphasised the fact that competition is now more severe than ever between infrastructure companies, and it is a must to keep costs and time under control not only to be competitive but also to survive. He educated the audience on the competency of Project Management tools like BRIX 2009 to Streamline Processes, which brings in tighter cost controls, increased accuracy of estimation and stringent quality checks. He showcased a couple of key infrastructure projects in the US that have reaped tremendous benefits both monetarily and timely completion of the projects.
Mr B Ramaswamy, Convenor, CII Karnataka Infrastructure Panel and President-Business Development, Feedback Ventures mentioned that the Government of Karnataka’s plan to implement the Suvarna Karnataka Corridor Project would open tremendous investment opportunities across a broad spectrum of sectors including industrial zones, townships, roads, minor ports/airports; water supply, power generation and distribution, renewable energy, urban and semi urabn social infrastructure; telecom and services sector.
Mr T Parabrahman, Chairman, CII Karnataka State Council and Managing Director, Kirloskar Toyoda Textile Machinery Pvt Ltd acknowledged the Government’s proactive approach to adopt the PPP mode in facilitating investments into the state through its Suvarna Karnataka Corridor Project, which has been envisaged to develop infrastructure in the State, urgently required to realize Karnataka’s economic and industrial potential.
About Aurigo Software Technologies Aurigo Software Technologies Inc. delivers software products and solutions for automating critical processes in the infrastructure management lifecycle including estimating, managing and inspecting large construction projects including highways, ports, bridges and SEZs (Special Economic Zones). Aurigo’s Products and solutions include its flagship suite Aurigo Brix™ 5.0, connectors to Microsoft Dynamics™ AX and customization services around these products and platforms. Aurigo’s product Brix 5.0 automates the critical processes of project cost estimation, contract management and field inspection using web 2.0 technologies and has integration connectors with Microsoft Project and Microsoft Dynamics™ AX. The combined solution of Aurigo Brix™ 5.0 and Microsoft Dynamics™ AX makes for a very powerful ERP solution for the construction Industry.
Aurigo’s customers include state and local government agencies, leading construction management firms, general contractors and transit authorities worldwide. Aurigo is a privately held company with offices in New York and Bangalore, . Aurigo’s solutions are available both directly and through a select partner channel network. For more information on Aurigo, please visit http://oldsite.aurigo.net