Indian cities down south are on a bull run, even if they are choking for lack of infrastructure. Sure, infra. is coming up. Eg.
Hyderabad Metro
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At $ 2.5 Billion, project started in 2008, construction started in 2010 approx. Starts 2015.
So about $ 500 million/yr. Hyderabad basically sold or auctioned the project to bidder L&T. Retarded?
L&T actually won the bid to provide metro transport to Hyderabad's citizens !
Like Gurgaon's private metro, only much, much bigger, world's biggest pvt. metro. Interesting financial engineering at play also. Govt. calls it PPP. So I'm thinking, Hyderabad, Hyderabad IT brings in $ 10 Billion/yr. from mostly overseas exports. Other exports, outside and India side, probably $ 10 Billion/yr. re: mega pharma, jewellery, agri., nuclear fuel, seafood, engg., electronics, aerospace and defence industries.
Another eg. Hyderabad's Outer Ring Rd. costs of $ 1.5 Billion. The project started in 2005 and was done 2012. So about $ 200 million odd/yr.
Long story short, Southern cities, and in this case Hyderabad, pull in $ 20 Billion/yr. and amplifying Vs. mega infra. spends of only in $ 100's of millions/yr. Hyderabad airport, elevated road, water project are other examples. Mind, all the projects are profit making or at least paying projects, nothing is free. Peanuts!
Chennai, Bangalore, Trichy and Pune are even richer re: auto and IT double play industries along with the traditional industries.
and i who did this. Don't know man, wasn't me. lol i was just roaming outside the premises of defence.pk for a week
Any specific reason?
