India's Infrastructure Development Projects
Sector: Government • Location: India
Source: Whalesbook
India's infrastructure sector is experiencing significant delays and cost overruns due to procedural laxity in the construction arbitration system. Issues include claims based on narratives rather than evidence, ignored contractual obligations, and ineffective use of international contract standards like FIDIC. These problems are causing about 43% of infrastructure projects to be behind schedule,
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | delayed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | India's infrastructure sector is experiencing significant delays and cost overruns due to procedural laxity in the construction arbitration system. Issues include claims based on narratives rather than evidence, ignored contractual obligations, and ineffective use of international contract standards like FIDIC. These problems are causing about 43% of infrastructure projects to be behind schedule, with cost overruns exceeding INR 5 lakh crore, undermining investor confidence and economic progress. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
