Infra limited - Latest News Update, Information, Photos & Videos on Infra limited at Lokmat Times

Damodar Ropeway and Infra Limited, Asia's pioneer in the infrastructure and construction business since 1974 and a leader of cable cars and ropeways recently announced that it has bagged multiple infra projects spanning across multiple locations such as Imphal-Manipur, Vanabar Hills - Bihar, Nandankanan - Odisha and has projects commissioned in Guwahati - Assam, Hanumandhara - Chitrakut MP, Mahamaya Temple - Jammu, Dongargarh - Chhattisgarh in recent years.The ropeway project in Surkhanda Devi - Uttarakhand is also expected to get commissioned in FY 2021-22.In the recent years, DRIL has successfully completed multiple landmark projects such as in Guwahati across the Brahmaputra River, the iconic state-of-the-art ropeway at Vaishnodevi temple, and the twin ropeway system at Jammu covering 1.7 kms. The online ticketing system was also started at Damodar Ropeway's Mahiar project via the company website and will be successfully functional at all ropeway projects of the company in FY 2021-22.Commenting on the prevalent trend in industry, Aditya Chamaria, MD, Damodar Ropeways and Infra Limited said, "While 2021 has been a mixed bag for the overall travel sector. The trend observed has been the flow of tourist traffic from the hinterlands to the various tourist destinations across India has increased. The foreign tourist inflow has been limited, and the share of discretionary income spent on travel by domestic tourists has significantly reduced.""We expect the ropeway industry will continue to remain bullish in the upcoming years as it has come under the National Highways Authority of India. The policy decisions and implementations are going to be much faster and effective. DRIL is prepared to participate in tenders in the coming year. The company also expects that 2022 will be a watershed year in terms of being the revival, as there is lot of latent pent up demand which will get fully unleashed in the coming years. In the coming tenders we would recommend that the government takes a look at a hybrid model which can have best technology from abroad and execution, machinery, commissioning, civil infra, design, Electricals, cabins, rope by the Indian companies or foreign partner on a case to case basis. The BIS standard have also been upgraded to be at par with the CEN standards. This will also help deliver the projects at an optimized cost (as compared to fully importing) without any sacrifice in terms of quality, safety or technology" he added.This story is provided by ATK.will not be responsible in any way for the content of this article. (ANI/ATK)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Salman Khan

Infra LimitedFOLLOW

Infra limited, Latest News

Business :Damodar Ropeways Infra Ltd. (DRIL) - The Iconic name in Indian Ropeway Industry set to complete 50 years of establishment

With its second generation leading the sector, DRIL is the largest player in Indian Ropeways and has also been accredited as one of the most secured and trusted ropeway operators in the country. ...

Business :Damodar Ropeways and Infra Limited bags multiple ropeway & infra projects in FY 2020-22

Damodar Ropeway and Infra Limited, Asia's pioneer in the infrastructure and construction business since 1974 and a leader of cable cars and ropeways recently announced that it has bagged multiple infra projects spanning across multiple locations such ...