Telangana Boosts Industrial Growth: TIIC Chairman
By Rediff Money Desk, Hyderabad Dec 04, 2024 22:19
Telangana is taking steps to drive industrial growth, create jobs, and enhance economic progress, according to TIIC Chairman Nirmala Jagga Reddy. The state is also emphasizing environmental sustainability.
Hyderabad, Dec 4 (PTI) Telangana is taking various steps to drive industrial growth, enhance economic progress and create job opportunities, Telangana Industrial Infrastructure Corporation (TIIC) Chairman Nirmala Jagga Reddy said on Wednesday.
Addressing the AEC Forum 2024, TIIC Chairman Nirmala Jagga Reddy also emphasized the significance of environmental sustainability, urging industries to proactively protect natural resources and secure a livable planet for future generations.
Speaking at the event, JTC Corporation Assistant CEO David Tan shared practical insights on harnessing technology for sustainable and resilient infrastructure including Open Digital Platforms (ODP) for seamless integration and management of construction tools.
Eric DesRoche, Director of Infrastructure Business Strategy at AEC Design, Autodesk, echoed the call to embrace digital transformation.
He highlighted the unprecedented global demand for construction, with 2.6 trillion square feet of new buildings required every month for the next 40 years, and USD 1.2 trillion allocated for transportation infrastructure in post-COVID recovery efforts.
However, he noted challenges such as workforce shortages, with 80 per cent of firms reporting staffing gaps and over half declining projects due to limited resources.
Addressing the AEC Forum 2024, TIIC Chairman Nirmala Jagga Reddy also emphasized the significance of environmental sustainability, urging industries to proactively protect natural resources and secure a livable planet for future generations.
Speaking at the event, JTC Corporation Assistant CEO David Tan shared practical insights on harnessing technology for sustainable and resilient infrastructure including Open Digital Platforms (ODP) for seamless integration and management of construction tools.
Eric DesRoche, Director of Infrastructure Business Strategy at AEC Design, Autodesk, echoed the call to embrace digital transformation.
He highlighted the unprecedented global demand for construction, with 2.6 trillion square feet of new buildings required every month for the next 40 years, and USD 1.2 trillion allocated for transportation infrastructure in post-COVID recovery efforts.
However, he noted challenges such as workforce shortages, with 80 per cent of firms reporting staffing gaps and over half declining projects due to limited resources.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 8.41 (+ 2.44)
- 60373413
- Evexia Lifecare
- 3.94 (+ 4.79)
- 20851315
- Standard Capital
- 0.99 ( 0.00)
- 17601948
- Filatex Fashions
- 1.00 (+ 3.09)
- 16435485
- Sunshine Capital
- 2.21 (+ 4.74)
- 16004940
MORE NEWS
Akash Systems Signs USD 27 Million Server...
Akash Systems, a diamond semiconductor maker, has signed a USD 27 million contract with...
Krafton Enters India Casual Gaming with...
Krafton, known for BGMI, launches CookieRun in India, targeting casual gamers. The...
Bihar Seeks Investor Suggestions for Friendly...
Bihar's Industries Minister Nitish Mishra seeks input from investors to create more...