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India is the 5th largest economy in the world, and the infrastructure plays a major role in the country's economy. The infrastructure sector is one of the fastest-growing sectors in the Indian economy right now and has always been on the priority list for the government of India. In this blog, we will analyze the best infrastructure stocks in India. In the Union Budget of 2024, the government has allocated Rs. 2.66 lakh crore for rural development and rural infrastructure. Know in detail about best infrastructure stocks in India

Mechanical electrical and plumbing (MEP) services include the planning, designing, and managing various MEP systems of the building. MEP services are gaining traction with the increasing incorporation of BIM (Building Information Modeling) in building construction, planning, and management. MEP services are an integral part of the residential, commercial, and government buildings. Rapid urbanization in emerging economies and increase in infrastructure projects (such as the emergence of smart cities) is expected to propel the growth of the mechanical, electrical, and plumbing (MEP) services market. For instance, the government of India launched '100 Smart Cities Mission' (an urban renewal and retrofitting program), which aims to tackle key issues resulting from India's rapid urbanization by 2022. Moreover, increasing number of construction projects worldwide and increasing infrastructure investments are also expected to augment the growth of the mechanical, electrical, and plumbing (MEP) services market. For instance, Qatar is building nine new football stadiums for the 2022 FIFA World. Moreover, in September 2020, SG Blocks received a US$ 2.9 million contract to deliver 7 modular buildings in New Mexico. Read more @ https://sachinbhombe.blogspot.com/2021/03/rampant-urbanization-to-augment.html

Lighting is an integral part of healthcare infrastructure, as it is widely used in intensive care unit (ICU), wards, operation theatres (OT), and in other healthcare settings. Some of these products include LED lighting, CFL, gas discharged lamps, and incandescent lamps. LED (Light-Emitting Diode) lighting is widely used in hospitals due to its high colour rendition index, low power consumption, long life, and high luminous efficacy. LED downlight, LED reflector, and LED panels are some of the commonly used LED lights. Increasing integration of modern lighting, such as LED and OLED (Organic Light Emitting Diodes), and the advantages of modern lighting over conventional lighting, such as fluorescent lighting, are expected to propel the growth of the hospital lighting market. According to the United States Department of Energy, for 23 years, the average operational cost of an LED is around US$ 38 as compared to US$ 201 for CFL lighting and US$ 48 for incandescent bulbs. Moreover, increasing number of hospitals in both developed and developing economies and increasing spending on hospital infrastructure is expected to augment the growth of the hospital lighting market. According to the American Hospital Association (AHA) annual survey (FY 2019), there were around 6,090 hospitals in the United States. Read more @ https://sachinbhombe.blogspot.com/2021/03/increasing-number-of-hospitals-to.html

Outsourcing Business Services is a cost saving option as huge investments in skilled man power and infrastructure is not required to run definite departments. One of the leading exponents of Business Process Outsourcing is Cogneesol.

The software-as-a-service (SaaS) model is disrupting traditional approaches to business analytics. The long deployment cycles, high costs, complicated upgrade processes and IT infrastructure required of traditional on-premise business intelligence solutions are no longer acceptable in the era of on demand.

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Infra : Rating agency, Fitch Ratings has told that the increased infrastructure investing in the budget 2016-17 is unlikely to provide a increase to local steel requirement growth.

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