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Domestic Demand
Planners & Governments since 1995 have emphasized on the need for
substantial spending in infrastructure sector to sustain the GDP
and economic growth. For achieving the projected GDP growth
exceeding 8% from the year 2007 onwards, the Government has
accepted the need to expand infrastructure sector. Infrastructure
sector affords substantial growth prospects & demand for companies
engaged in construction, services and supply to this vital sector
of economy. Artefact plays a pivotal role as an Infrastructure
Derivative software Company providing a vital link between plans,
policies and its implementation.
The total infrastructure sector spending in next 5 years is
estimated to be USD$ 374 Bns.
Infrastructure development is a National Priority. It has approval
of Policy makers, planners and economists.
FOCUS ON INFRASTRUCTURE DEVELOPMENT.
Large infrastructure development programs, include : |
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ROAD SECTOR LAYOUT
FOR NATIONAL HIGHWAYS ALONE EXCEEDS RS. 1996 BN FOR NEXT 5
YEARS,
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LARGE SCALE
PRIVATISATION PROPOSED ENHANCES SCOPE OF SERVICES TO BOT
PROJECTS IN PRIVATE SECTOR TOO.
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NON-METRO AIRPORTS
MODERNIZATION IS UNDER IMPLEMENTATION, WITH COMMITTED BUDGET
EXCEEDING RS 400 BILLIONS. METRO AIRPORTS HAVE UNDERTAKEN UPON
PRIVATISATION BASIS.
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PACKAGE OF URBAN
DEVELOPMENT & RENEWAL IS PLANNED WITH INVESTMENT OF Rs. 1740
Billions. OPPORTUNITY FOR SERVICES FOR TOWNSHIP & URBAN
DEVELOPMENT emerges for Projects including SEZ’S AND Township
Development.
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INFRASTRUCTURE
SECTOR HAS GROWTH PROSPECTS WHICH SUSTAIN IRRESPECTIVE OF
ECONOMIC CYCLES. |
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OVERSEAS DEMAND: Besides Domestic sector
growth, due to Cost effectiveness and High Technical skills, India
is soon emerging as Global Engineering Design and knowledge
Outsourcing (KPO) Hub. Indian Technical Services for
Infrastructure development especially in developed economies and
Gulf is fast emerging as potential market exceeding USD $300 Bns
P.a.
The boom for Infrastructure Services (Engineering, Architectural
and other services) has just begun. It is a beginning of an
endless opportunity.
Artefact is strategically positioned to exploit this potential.
Being an established corporate entity in the Indian infrastructure
arena, the future affords a very wide bandwidth for growth in
Revenues and Markets. Artefact, therefore aims to strive for :-
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Organic growth by
expanding sectorial services, geographic spread and client
spreads in focus sector verticals of Highways, Airports,
Townships Urban Development.
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Enhanced leadership
in Privatization and O&M Project Services, being Artefact’s
forte.
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To penetrate and be
a key player in Urban Infrastructure Services.
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Enhancement of
infrastructure to match growth and global standards of
Technical performance and expanding human resources in a
manpower centric growth.
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Expanding market
reach by undertaking overseas project services.
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Formation of project
development consortiums to provide Technical, design, contract
management & project management skills.
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Understanding the growth
potential, Artefact Positions itself as a key and dominant player
for infrastructure services. Artefact strategizes exploitation of
a large barrier of approx. 7 to 10 years of past successful track
record of completed projects, to cater to the emerging demands.
Artefact plans to create a niche market in privatized Projects as
an early Cucles in the infrastructure sector which has a very
large space to grow.
Artefact is operating in a sector scalable with Economic
Development and is guided with propensity of derived demand. |
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